On Oct. 8, fintech unicorn Stash announced that its cofounders, who started the company in 2015 and had their roles reduced last year, were returning to helm the company they had started.
But there was one important detail left out: Stash was also restructuring, and 40% of its approximately 220-person workforce, including at least three of its executives, were out of a job, according to three people familiar with the matter and confirmed by Stash. It was the second major layoff at Stash this year.
