Softcard mobile wallet hit by layoffs

softcard mobile wallet

The smartphone based payments venture with wireless company backing is undergoing a restructuring. According to Softcard, the mobile wallet service that was launched by Verizon Wireless, AT&T, and T-Mobile, the company is undergoing a restructuring which has caused it to lay off 60 of its employees. This wave of layoffs at the mobile payments technology company impacts between 12 and 30 percent of its workers. That range is based on the range of the staff size of the company that has been listed on its LinkedIn account. That said, the…

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