Wise Layoffs
Industry Finance · Location Tampa Bay · United States · Subscribe (RSS)
Wise has 1 publicly reported layoff round on record (most recent February 10, 2025). A total of about 300 employees were affected across these rounds.
Layoff history
Wise announced in February 2025 that it would close its Tampa office and lay off more than 307 employees, consolidating its Americas operations into hubs in Austin, New York, and São Paulo. The London-based payments company filed a WARN notice with Florida authorities on February 7, with terminations scheduled to roll out in phases starting April 8 and continuing through November. Affected roles included due diligence senior agents, customer support specialists, and customer support associates, among others. Workers received at least 60 days notice and were offered the option to relocate or reapply for open positions at other offices. The closure followed a $2.5 million CFPB penalty for remittance violations. A company spokesperson said the change was intended to strengthen collaboration as the business expands in the Americas.
Reason: Americas operations consolidation
Source: tampabay.com
Data for Wise is compiled from public WARN Act filings and reporting linked above. See our methodology.