Checkout.com laid off 230 employees (nearly 25% of workforce) in early 2025 due to revenue losses and the end of its partnership with Binance over money laundering concerns. Revenue dropped 14% to $212.2M in 2023, and gross profit fell 23%. The company had previously cut ~80 employees in December 2023 and ~100 in September 2022. Despite this, Checkout.com reached profitability by end of 2024 and announced a $12B valuation share buyback in September 2025.
#44 on the board
F
Checkout.com
CompanyMajor issues13/100low confidence · 3 issues
3 opposed
Payment processing platform.
The receipts (3)
Checkout.com enforces a strict 3-day in-office policy requiring employees to work on-site Tuesday through Thursday each week. Enforcement is described as strict in some locations. The hybrid policy was implemented as part of the company's push toward profitability, reducing work-from-home flexibility in favor of predictable collaboration. The company employs 2,000 people across 19 global offices.