Betterment told employees that rising operating costs and market volatility impacted the firm.digital wealth management firm Betterment
"You've all experienced the very difficult market conditions throughout 2022, and the outlook for the economy in 2023 is mixed at best. Our business is not immune to the effects of this volatility, or to the record levels of inflation that have pushed operating costs up for Betterment in all areas," Sarah Levy said in the email that Insider obtained.
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