https://layoffcheck.com/companies/pipe Layoff and WARN notices reported for Pipe. en-us https://layoffcheck.com/companies/pipe#2025-11 https://layoffcheck.com/companies/pipe#2025-11-204 Sun, 16 Nov 2025 12:00:00 GMT Pipe, a revenue-based small-business lender, cut roughly 200 employees in November 2025, approximately half its staff of around 155 to 200 people, in a sharp pivot toward profitability. A company spokesperson called it "a difficult decision to shift to a leaner org structure" and said Pipe needed "a stronger focus on profitability, operating efficiency, and our core product set in order to scale our business in the right way." The company simultaneously insisted its business was "strong and growing rapidly." Pipe had been valued at $2 billion after a $250 million funding round in 2021, but the fintech sector's turn away from growth-at-all-costs left the company exposed. No specific teams or office locations were identified as disproportionately affected, and no severance terms were disclosed.