Credit card automation startup Tally laid off 28 employees

🌎 SF Bay Area βˆ™ πŸ‘© 28 employees (23%) βˆ™ πŸ–₯ All departments

Tally, which helps users manage multiple credit cards, laid off 28 employees (23%) last Monday, according to an internal memo reviewed by Layoffs.fyi. In addition to severance pay, Tally is offering laid-off employees reimbursed health insurance through the end of 2020, an extension of the post-termination exercise period on vested stock options to one year, and a six-month subscription to LinkedIn Premium.

If you’re recruiting in San Francisco, see link below πŸ‘‡for a list of employees laid off across Engineering, Design, People Operations, and a few other functions.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.