Varo Layoffs
Industry Finance · Location SF Bay Area · United States · Subscribe (RSS)
2
Layoff rounds
172
Employees laid off
Series E
Funding stage
$992M
Total raised
Varo has 2 publicly reported layoff rounds on record between July 20, 2022 and May 11, 2023. A total of about 172 employees were affected across these rounds.
Layoff history
May 11, 2023
Varo cut 97 employees
97 laid off Location SF Bay Area
Varo disclosed a workforce reduction affecting its SF Bay Area operations in May 11, 2023. Approximately 97 roles were eliminated.
Source: varomoney.com
July 20, 2022
Varo cut 75 employees
75 laid off Location SF Bay Area
Varo disclosed a workforce reduction affecting its SF Bay Area operations in July 20, 2022. Approximately 75 roles were eliminated.
Source: axios.com
Data for Varo is compiled from public WARN Act filings and reporting linked above. See our methodology.