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PayDay News | Australian Payments News

Tyro cuts jobs, chases big customers as Lee shifts gear for “growth phase”

Technology Reporter
17 Jun, 2026
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Alex Zaharov-Reutt
Technology Reporter
17 Jun, 2026
Add us as a preferred source on Google
After revealing plans to finally put its under-utilised banking licence to work, Tyro, CEO, Nigel Lee, is now taking an axe to headcount, reprioritising resources and chasing bigger customers in an effort to bolster the company's lagging performance.
Tyro cuts jobs, chases big customers as Lee shifts gear for “growth phase”
Tyro CEO, Nigel Lee.

After revealing plans to finally put its under-utilised banking licence to work, Tyro, CEO, Nigel Lee, is now taking an axe to headcount, reprioritising resources and chasing bigger customers in an effort to bolster the company's lagging performance.

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