Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today. The Information first broke the news. “Navan has recorded strong growth over the past three years despite the challenges affecting our industry,” the spokesperson wrote via email, describing the cuts as a “restructuring.” She added: “We are refocusing efforts to move faster toward profitability as we enter the next phase… Click below to read the full story from TechCrunch
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