Monzo To Cut 120 Jobs Due To Pandemic Fallout
PYMNTS
JUNE 3, 2020
The bank, which was founded in 2015, started off 2020 optimistic about new funding and planned to hire 500 new employees earlier this year. digital bank Monzo will cut 120 jobs due to the impact of the coronavirus, Reuters reports. The news came from an internal note from the bank seen by the news outlet.
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