Simpl goes through a second round of layoffs as it strives for profitability.
Simpl, a well-known Buy Now, Pay Later (BNPL) firm, has announced its second wave of layoffs in a month, affecting around 30 people. This move followed a May layoff of approximately 160 employees, which mostly targeted high-paying positions in engineering and product areas. Simpl is going through a difficult period, highlighted by significant capital burn…