[jchonphoenix]

20% of the company

Given how it sounds like Brex is doing, they're likely going to need to cut again. This isn't deep enough to really solve any systemic or structural problems. It will likely work though if the product vision and execution are on point and they just need more runway/less bloat.

[jamestimmins]

But do layoffs ever solve systemic or structural problems?

They're typically about reducing burn. Whether management knows how to identify and fix core problems is a totally different question.

[JumpCrisscross]

> But do layoffs ever solve systemic or structural problems?

Brex is a leveraged play on start-up fundraising. They're a fundamentally cyclical business.

[jchonphoenix]

I have seen them do so in the past. But they need to be very targeted similar to surgery. There's some tumor in the company and you need to identify what that is and remove all of it.

I've seen it effectively done once.