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Checkout.com Will Eliminate About 5% of Employees in Latest Cuts

  • Company confirms it’s reducing workforce by about 100 people
  • Decision will allow company to focus on ‘strategic priorities’
Checkout.com Nearly Triples Value to $15 Billion After Funding
Photographer: Hollie Adams/Bloomberg

Checkout.com is eliminating 5% of its staff, the latest in a series of job cuts that’s swept technology companies this year as investors pull back on funding. 

The company confirmed that it was reducing its workforce by about 100 people in a statement in response to Bloomberg questions on Tuesday.