Bolt to fire third of staff as tech damage spills over to fintech

Check-out payments startup Bolt has become the lastest fintech unicorn to feel the heat of the tech stocks bonfire, setting out plans to sack a third of its workforce, amounting to 250 staff.

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  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.