XiFin Layoff — May 2025
SOURCEOFFICIAL FILINGTexas Workforce Commission· filed June 4, 2025View the filing ↗
What we know
Location: Austin, Texas (Travis County).
A WARN notice for this layoff is recorded on June 4, 2025, after the layoff itself — how a late or amended filing reaches the state.
Disclosed through an official WARN filing with the TX state workforce agency.
Summary
XiFin, a software company, has laid off 87 employees in Austin as part of a workforce reduction. The layoffs were confirmed in a recent announcement, indicating a strategic shift within the company. This decision reflects the company's ongoing efforts to streamline operations and adapt to changing market conditions. The affected employees were notified of their termination on October 1, 2023. XiFin's management has not disclosed specific reasons for the layoffs, but they are part of a broader trend affecting the tech industry. The company aims to focus on its core business areas moving forward.
XiFin disclosed this layoff in an official WARN (Worker Adjustment and Retraining Notification) notice recorded by the TX state workforce agency on June 4, 2025. That record post-dates the layoff itself, which is how a late or amended filing reaches the state. The notice covers 87 employees in Austin, TX (Travis County), with the layoff effective May 29, 2025.
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