> Toast recently laid off half their workforce...obviously restaurants doing poorly in the covid-economy. Ouch. It says they're affiliated with Grubhub, so ho

> Toast recently laid off half their workforce...obviously restaurants doing poorly in the covid-economy. Ouch. It says they're affiliated with Grubhub, so hopefully that's their support line in all of this. This is interesting and suggests they're more a fee generation business model than a traditional fintech POS supplier and management/tech support one: > As a result, fintech companies that help restaurants work better and depend on foot traffic are seeing less transaction volume.