Onfido: Onfido cuts staff by 19% in first results since acquisition

Digital identification company Onfido cut almost a fifth of its workforce, as revealed in its first results since being acquired by US firm Entrust. The group's financial report for the year ended January 2024 saw the average employee headcount fall by 19% to 224 people, which helped cut Onfido's operating loss from £31.9m to £12m. [...] The post Onfido cuts staff by 19% in first results since acquisition appeared first on UKTN.