Crypto exchange Bitmex has cut its workforce by 30%, with the layoffs coming a week after CEO Alexander Höptner resigned.
“We are shifting away from our Beyond Derivatives strategy and will revert to focusing on providing a crypto derivatives trading experience that people will turn to,” a Bitmex spokesperson said in an email. Fluency, latencies, and a vibrant derivative community. This includes trading BMEX tokens“.
“Our top priority is to ensure that all affected employees get the support they need. Each of them has contributed to the incredible journey Bitmex has taken from small beginnings to one of the world’s leading crypto exchanges.”
Last week, Alexander Höptner resignFrom Bitmex’s CEO after less than two years at the company, Bitmex’s Chief Financial Officer Stephan Lutz was named interim CEO, and the exchange currently employs around 180 people as of September.
refer : LINK
The post Bitmex announces 30% cuts in staff after CEO resignation appeared first on Bitcoin Addict.