Culver City, California-based Happy Money, a financial technology company that acts as a "loan facilitator to arrange personal loans from its lending partners, has announced a major reduction in its workforce.
The personnel realignment will impact 152 remote employees, commencing on January 30, 2023.
According to a company spokesperson, "Happy Money has undergone a reduction in force in order to set our organization up to meet the challenges of the current macroeconomic climate. We are deeply saddened to say goodbye to our colleagues, and we remain more committed than ever to our vision of transforming the lending industry by advancing a happier way to extend credit that prioritizes people’s well-being and helps them fund their dreams and goals.”
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?