AM I NEXT? NO LOVE AT MYBAMBU

West Palm Beach, Florida-based MyBambu, a financial technology company offering a mobile‑banking app for unbanked and low-income individuals, has announced that it will cease operations by the end of December 2025, at its 35,000-square-foot leased offices, due to the loss of its primary funding source.

The closure will impact all 141 employees in phases, commencing with the first 100 layoffs on October 31, 2025, and the remaining 41 employees by December 31, 2025.

According to a company statement, "MyBambu is providing this notice as soon as practicable after unexpectedly learning that the main and historical source of funding for MyBambu's operations would end, depriving MyBambu of funding necessary for running its operations and necessitating the commencement of an orderly wind-down."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT ACRISURE

Grand Rapids, Michigan-based Acrisure, a financial technology and insurance company, has announced the continuation of its technology transformation with artificial intelligence.

The transformation will impact 400 accounting employees, including 200 in West Michigan, in the first quarter of 2026.

According to CEO Greg Williams, "The layoffs are the result of artificial-intelligence technology deployed by Acrisure, which will automate a significant portion of the work performed by the affected employees. The last five years have been about innovating and deploying technology anywhere and everywhere that we can."

"This was not an easy decision, as it affects colleagues who have given so much to our company and our community. You kind of knew this day was coming at some point as you’re doing these investments and leaning into innovation, automation. But it doesn’t make it any less painful … Our colleagues have been tremendous. They’re not only great teammates, but they’ve been a carrier of a culture and a strategy in a company that they’ve helped build.”

“This isn’t anything about pressure or pain point in the bottom line. This is about remaining competitive in a very competitive world and meeting clients where they want to be met and deploying capital where we need to deploy it in order to make all that happen.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT NCINO

Wilmington, North Carolina-based nCino, a financial technology company specializing in cloud-based banking software and core banking platform, has announced a 7% reduction in its workforce.

The companywide reduction in force will impact approximately 128 employees.

According to a company spokesperson, “As a global market-leader, nCino continuously evaluates our organizational structure to optimize operations and drive efficiency across the business. To ensure our long-term success in the face of evolving market conditions, we've made the challenging decision to reduce our global workforce by approximately 7%.”

“These strategic adjustments position us to accelerate innovation in the products and services our customers rely on. By streamlining our operations, we're investing more deeply in the capabilities that matter most to our customers' success while maintaining our unwavering commitment to delivering exceptional service and support.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?