Financial technology enterprise Pagaya Technologies Ltd announced on Wednesday that it planned to lay off nearly 20% of its workforce spread across its locations in the United States and Israel. After the Federal Reserve began raising rates to combat inflation, Fintech startups have witnessed the biggest casualties of the difficult economic landscape since last year. According to the reports, this FinTech firm informed all the impacted resources on Tuesday.
Read More: Fintech Pagaya to lay off 20% of employees
