Dwolla lays off 12

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Mobile payment startup Dwolla Inc. has confirmed it laid off 12 full- and part-time employees in Des Moines, Local 5 News reported. A former Dwolla employee told the TV station the layoffs were announced last week and mostly involved mid-level and senior-level employees. According to the former employee, Dwolla employed 68 people before the layoffs. Dwolla said the cuts are part of a “strategic realignment” that will “provide sustainability and focus.”