Fair Auto Subscription Startup Cuts 40 Percent of Staff Including CFO
In a proactive move to create long-term profitability and sustainability
Fair, a two-year-old auto subscription startup, announced it is cutting 40% of its staff, including chief financial officer Tyler Painter, the brother of CEO and co-founder Scott Painter. Painter will be replaced by Kirk Shryoc, managing partner and co-founder of Hard Right Solutions LLC, a software and consultancy firm, reports Auto Finance News. TechCrunch estimates that Fair will lose about 215 of its 539 employees, as reported on LinkedIn. Scott Painter notified employees on October 24 via email.
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