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Monzo Layoffs

Industry Finance · Location London · United States · Subscribe (RSS)

3
Layoff rounds
335
Employees laid off
Series F
Funding stage
$324M
Total raised

Monzo has 3 publicly reported layoff rounds on record between April 9, 2020 and March 31, 2026. A total of about 335 employees were affected across these rounds.

Layoff history

March 31, 2026
Monzo cut 50 employees
50 laid off Location London

Monzo disclosed a workforce reduction affecting its London operations in March 31, 2026. Approximately 50 roles were eliminated.

Source: bloomberg.com

June 3, 2020
Monzo cut 120 employees (8% of staff)
120 laid off 8% of workforce Location London

Monzo disclosed a workforce reduction affecting its London operations in June 3, 2020. Approximately 120 roles were eliminated.

Source: layoffs.fyi

April 9, 2020
Monzo cut 165 employees
165 laid off Location Las Vegas

Monzo disclosed a workforce reduction affecting its Las Vegas operations in April 9, 2020. Approximately 165 roles were eliminated.

Source: techcrunch.com

Data for Monzo is compiled from public WARN Act filings and reporting linked above. See our methodology.