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Home/Companies/Fintech/Varo
V
United States
Fintech

Varo layoffs, tracked in full.

Varo has cut 172 jobs across 2 tracked rounds since 2020. The most recent round was announced May 11, 2023, affecting 97 employees.

Last verified May 11, 2023|See methodology
At a glance
172
people laid off since 2020
Rounds
2
tracked
Industry share
0.3%
of Fintech cuts
Largest round
97
May 11, 2023
Most recent
May 11, 2023
97 cut
Total since 2020
All time
172
Across 2 rounds
Most recent round
May 11, 2023
97
Varo Layoffs — 2023-05-11
Layoff rounds
Tracked
2
Jul 20, 2022 — May 11, 2023
Industry share
Cumulative
0.3%
of all Fintech cuts
Complete timeline · 2 verified rounds

Every Varo layoff, documented.

Date
Event
Headcount
Location
Severity
Source
May 112023
Varo Layoffs — 2023-05-11
97
SF Bay Area
US
Low
varomoney.com ↗
Jul 202022
Varo Layoffs — 2022-07-20
75
SF Bay Area
US
Low
axios.com ↗
By geography

Where the cuts landed, city by city.

  1. #01
    SF Bay Area
    2 ROUNDS · US
    172
Country breakdown
100% of cuts in United States
United States
172
Frequently asked

Questions about Varo layoffs.

How many people has Varo laid off since 2020?+
Our dataset tracks 172 job cuts across 2 layoff rounds at Varo since January 2020. All rounds are cross-referenced against WARN Act filings, SEC disclosures, and verified news reports.
When were Varo's most recent layoffs?+
Varo's most recent tracked layoffs were announced on May 11, 2023. Scroll up to the timeline for the full round-by-round history.
What percentage of Varo's workforce has been laid off?+
An exact workforce percentage isn't available for Varo — we don't have a confirmed peak headcount figure. The total cut figure above reflects all verified rounds in our dataset.
Which teams were affected by Varo layoffs?+
Team-level data for Varo is limited in our current dataset. Where available, division breakdowns are shown above.
Where does Varo layoff data come from?+
Our data combines WARN Act government filings (mandatory for US employers cutting 50+ workers with 60-day notice), SEC 8-K corporate disclosures, and verified news reports. Each event is assigned a verification tier. See our methodology for full standards.
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