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Opposed๐Ÿ“‰LayoffsFebruary 8, 2023

Affirm

Laid off 19% of workforce in 2023. BNPL company Max Levchin blamed interest rate environment.

Source: Company Websiteโœ“ VerifiedRead the source

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Affirm โ€” Layoffs: OPPOSED

Laid off 19% of workforce in 2023. BNPL company Max Levchin blamed interest rate environment.

https://reciepts.tech/stance/382

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Mixed๐ŸŒˆDEIAug 2025

Dropped the phrase "diversity, equity and inclusion" from its annual report. The wording appears in the 10-K filed 2024-08-28 and is absent from the 10-K filed 2025-08-28. The later filing uses "diversity and inclusion" instead.

SEC Filingโœ“ VerifiedShare โ†—
Supported๐Ÿค–AI EthicsFeb 2025

Despite increasing AI use for software engineering, CEO Max Levchin stated in 2025 that Affirm has no plans for AI-spurred layoffs. The company uses AI technology extensively but has rejected framing AI as a justification for workforce reductions, distinguishing it from competitors citing AI as rationale for cuts.

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