{"id":236,"date":"2024-01-24T06:01:29","date_gmt":"2024-01-24T06:01:29","guid":{"rendered":"http:\/\/flwnet.com\/index.php\/2024\/01\/24\/brex-cuts-20-of-staff-amid-reports-of-stalled-growth-high-burn\/"},"modified":"2024-01-24T06:01:29","modified_gmt":"2024-01-24T06:01:29","slug":"brex-cuts-20-of-staff-amid-reports-of-stalled-growth-high-burn","status":"publish","type":"post","link":"http:\/\/flwnet.com\/index.php\/2024\/01\/24\/brex-cuts-20-of-staff-amid-reports-of-stalled-growth-high-burn\/","title":{"rendered":"Brex cuts 20% of staff amid reports of stalled growth, high burn"},"content":{"rendered":"<p>Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today. The once high-flying fintech startup sent a note to employees (that was also published on the company\u2019s website) today, announcing the news. In addition, Brex announced that its COO, Michael Tannenbaum, [\u2026]<\/p>\n<p>\u00a9 2023 TechCrunch. All rights reserved. For personal use only.<\/p>","protected":false},"excerpt":{"rendered":"<p>Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today. The once high-flying fintech startup sent a note to employees (that was also published on the company\u2019s website) today, announcing the news. In addition, Brex announced that its COO, Michael Tannenbaum, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-236","post","type-post","status-publish","format-standard","hentry","category-fintech"],"_links":{"self":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/comments?post=236"}],"version-history":[{"count":0,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/236\/revisions"}],"wp:attachment":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/media?parent=236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/categories?post=236"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/tags?post=236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}