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Remembering the startups we lost in 2021

TechCrunch

Chanje reportedly still owes “many” of its former employees months of back pay and promised bonuses, with at least four having filed suit against the startup. Dark Sky (2012-2021). Irregularities that the company discovered in accounting practices also added to headaches, according to The Wall Street Journal. .

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Even well-funded fintech companies are laying off workers

TechCrunch

The Wall Street Journal reported that SoFi Technologies was cutting around 65 jobs, or about 5% of its 1,300-person workforce. ” In January, DriveWealth CEO Terry Angelos announced on Twitter that he was “leaving the digital custody and clearing firm just eight months after stepping into the role,” according to InvestmentNews.

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