Wirecard lays off over 50% of staff amid insolvency process
The firm is planning to let go of 730 of the 1,300 workers at its Aschheim office, cutting its total number of employees down to 570.
Latest insolvency News
Embattled Wirecard files for insolvency
The insolvency move is the latest event to unfold from the accounting scandal surrounding the digital currency debit card issuer.
Blockchain firm SETL emerges from bankruptcy
SETL has somehow scraped back from bankruptcy to be a new company, with a second chance at making a difference.
Blockchain firm SETL files for insolvency as search for new buyer begins
In a development that has shocked analysts, the London-based firm revealed it had appointed administrators through a statutory notice in the London Gazette.