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SoFi Layoffs

Industry Finance · Location SF Bay Area · United States · Subscribe (RSS)

3
Layoff rounds
112
Employees laid off
Private Equity
Funding stage
$2.5B
Total raised
SOFI $16.03 ▼ 6.53%
close June 5, 2026

SoFi has 3 publicly reported layoff rounds on record between May 20, 2020 and January 10, 2024. A total of about 112 employees were affected across these rounds.

Layoff history

January 10, 2024
SoFi cut 4% of its workforce
4% of workforce Location SF Bay Area SOFI +1.92% that day, -3.66% next day

SoFi disclosed a workforce reduction affecting its SF Bay Area operations in January 10, 2024.

Source: twitter.com

January 30, 2023
SoFi cut staff
Location SF Bay Area SOFI +12.46% that day, +3.74% next day

SoFi disclosed a workforce reduction affecting its SF Bay Area operations in January 30, 2023.

Source: americanbanker.com

May 20, 2020
SoFi cut 112 employees (7% of staff)
112 laid off 7% of workforce Location SF Bay Area

SoFi disclosed a workforce reduction affecting its SF Bay Area operations in May 20, 2020. Approximately 112 roles were eliminated.

Source: businessinsider.com

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