Commerce

Payments Startup Clinkle Lays Off Nearly a Quarter of Its Staff

Published on December 9, 2013
by Mike Isaac

Clinkle, a secretive, much-hyped payments startup, plans to lay off somewhere in the neighborhood of 20 percent to 25 percent of its employees, or about 16 people, AllThingsD has learned. The move was led by former Netflix CFO Barry McCarthy — now Clinkle’s new COO — who wants to bring in more experienced staff. Fortune’s Dan Primack was the first to report the news.

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URL: http://allthingsd.com/20131209/payments-startup-clinkle-lays-off-nearly-a-quarter-of-its-staff/