Wirecard lays off more than half of remaining staff in Germany

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The collapsed payments company Wirecard has let go more than half of its remaining staff in Germany and terminated the contracts of its ...

The collapsed payments company Wirecard has let go more than half of its remaining staff in Germany and terminated the contracts of its management board members, its insolvency administrator said on Tuesday.

FILE PHOTO: The logo of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions, is pictured at its headquarters in Aschheim, near Munich, Germany, July 1, 2020. REUTERS/Andreas Gebert/File PhotoFRANKFURT: The collapsed payments company Wirecard has let go more than half of its remaining staff in Germany and terminated the contracts of its management board members, its insolvency administrator said on Tuesday.

 

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