EXCLUSIVE: MoonPay has dismissed dozens of staff, while denying those cuts are layoffs By LHM1 and RyanJamesWeeks
just a few months after that landmark round closed — is often pictured rubbing elbows with celebrity clients.The company has let staff go in drips and drabs over the past six months, according to six people with direct knowledge of the matter.
of excoriating reviews in the past six months, including complaints that"you will not get ahead no matter how hard you work." MoonPayStaff in numerous departments have been affected by the recent cuts, including those in the startup’s in-house design, engineering, security, product, account management and talent teams, according to The Block’s analysis.
The Block in December that, “I’d like us to be like 300 Spartans... We want to be lean. We want to be financially disciplined. I don’t see us making huge increases in our headcount until we feel really confident about how the team is operating.”
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