Maine
WEX laying off potentially dozens of people in Maine
PORTLAND, Maine (WMTW) – WEX, a financial technology provider headquartered in Portland, is cutting about 375 jobs worldwide.
The company tells Maine’s Total Coverage that fewer than 45 of those job cuts will be in Maine.
WEX currently employs about 1,000 people in Maine.
“As the technology environment continues to change rapidly, it is imperative that WEX continues to evolve its business to support innovation and maintain its position as an industry leader. Accordingly, we have made changes across the company to advance our technology transformation, streamline the organizational structures, and ensure that our customers remain at the center of everything we do,” the company said in a statement to Maine’s Total Coverage.
Most of the job cuts will affect the technology organization of the company.
The company says they will provide as much support as possible to affected workers.
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