Ramp

Ramp has avoided layoffs through the 2022-2024 tech downturn while continuing to grow headcount, marketing capital efficiency as a differentiator vs Brex.

Ramp launched AI-powered expense automation in 2024, raising employee monitoring concerns. The company emphasizes finance team augmentation over replacement.

Ramp has not made public statements about DEI program changes during the 2025 rollback wave. The company achieved $300M+ ARR with ~500 employees by focusing on capital efficiency over rapid headcount growth. Unlike competitors who conducted mass layoffs, Ramp maintained team stability through the 2022-2024 tech downturn, though the company has not disclosed diversity metrics or published a diversity report.

Ramp laid off some staff in 2023. Corporate card startup despite strong growth.