Upstart Layoffs 2024. Digital auto retail provider and auto finance underwriter upstart will lay off about 365 employees, about 20 percent of its work force, the company said in a government filing tuesday. Investors should focus on the improving upstart balance sheet and operational discipline.
With declining revenue, upstart has tried to pare its losses by lowering its overhead costs. Digital auto retail provider and auto finance underwriter upstart will lay off about 365 employees, about 20 percent of its work force, the company said in a government filing tuesday.