![](https://aceborrow.com/wp-content/uploads/2024/01/Ace-Borrow-Custom-Images-46.jpg)
SoFi Cuts Jobs – Fintech Struggles with Staff Reduction
TLDR: SoFi, a leading fintech platform, is reportedly cutting staff, with around 7% of its workforce or 300 employees expected to be let go. Despite a strong performance in the stock market in 2023, SoFi is now facing challenges that have led to these