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