Location: Austin, Texas.
Based on news reporting.
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 cut 87 jobs as of October 1, 2023.
LayoffTalk has tracked 2 layoff events at XiFin since October 2023, affecting a combined 174 employees.
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