Atlanta, Georgia-based Greenlight, a credit issuer of controlled debit cards for kids, has announced a reduction in force affecting 21% of its total workforce.
The workforce adjustment will impact 104 employees.
According to a company spokesperson, “The macroeconomic environment has impacted virtually all businesses, including Greenlight. We recently made the difficult decision to better align our ongoing operating expenses with the current environment. The company remains committed to its mission to help parents raise financially smart kids. Moving into 2023, Greenlight will be focused on continuing to serve its growing customer base and finding new, impactful ways to improve financial literacy for families.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?