Fintech startup Simpl lays off 25% of workforce: Report

Buy-now-pay-later (BNPL) fintech startup Simpl has reportedly laid off about 25% of its workforce as part of a cost-cutting exercise. Around 160-170 employees, particularly in engineering and product development roles, have been affected by the layoffs, Moneycontrol reported. The startup reportedly laid off a similar number of employees in April last year.