News

November 17, 2022

Fintech Juni cuts a third of its team in second set of layoffs

Swedish startup Juni raised $206m this summer – and initially said its plan was to hire another 60 people by the end of the year


Mimi Billing

2 min read

Samir El-Sabini, CEO of Juni

Swedish fintech Juni has announced it is laying off a further 30% of its team in a second round of layoffs, two months after it let go of 10% of its workforce. It comes less than six months after it raised $206m in debt and equity this summer.

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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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