Crypto.com announces it will lay off 20% of workforce

Crypto.com announces it will lay off 20% of workforce

Crypto.com, one of the most prominent cryptocurrency exchanges, announced Friday it was laying off 20% of its workforce in what appears to be more evidence of the meltdown of the industry.

Crypto.com to lay off 20% of its Workforce

Popular exchange Crypto.com is the latest firm to join the layoffs bandwagon. The firm announced that it would let go of 20% of its global…

Crypto.com Cuts 20% Workforce as Firms Brace for Crypto Winter

The exchange is the latest among the major crypto firms to announce layoffs.

Singapore-based Crypto.com to cut global workforce by 20%

Crypto firms collectively have shed more than 1,600 jobs in the first two weeks of 2023. Read more at straitstimes.com.

Singapore’s Crypto.com to cut global workforce by 20%

(Reuters) - Singapore-based crypto exchange Crypto.com said on Friday it had decided to reduce global workforce by approximately 20%. The announcement comes after Coinbase Global Inc said on Tuesday it would cut about 950 jobs, or 20% of its workforce, as part of a restructuring plan. (Reporting by Rhea Binoy in Bengaluru; Editing by Rashmi Aich)

Crypto.com giant in bad shape to lay off 20% of its workforce

The exchange, founded in 2016, will cut 20% of its workforce. In September, he received PSAN status in France, which allowed him to attract French clients. After giant Coinbase, it is the turn of trading platform Crypto.com to announce the layoff of 20% of its workforce of approximately 4,000 employees, which equates to nearly 800 …