GoCardless Reduces Losses After 20% Job Cuts

Bank payments firm GoCardless says it lowered losses following a 20% reduction in staff. Now, the company — which also shifted some workers to Eastern Europe — is hoping these moves will stabilize its financial situation, Bloomberg News reported Monday (Feb. 3). According to the report, U.K.-based GoCardless posted a pretax loss of 35 million pounds ($43.8 million) for the … Continue reading GoCardless Reduces Losses After 20% Job Cuts