Revolut Confirms Firing 62 Employees in the Wake of Coronavirus

Cointelegraph

Published Jun 05, 2020 04:45PM ET

Updated Jun 05, 2020 07:20PM ET

Revolut fired a number of employees since the coronavirus outbreak began, according to a story from Wired. The European fintech company responded with a statement on the numbers and rationale.

“As in many companies, COVID-19 necessitated cost cutting across our business and, in the last resort, we made 62 redundancies globally, representing less than 3% of our staff," a Revolut spokesperson told Cointelegraph on June 5.

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