Crypto.com, the most popular cryptocurrency exchangeannounceIt plans to lay off 20% of its workforce globally, pursuing layoffs due to economic constraints, as Crypto.com CEO Kris Marszalek addressed the matter on Twitter.
from the official announcement There are many factors that play into organizational decision making. The economic factor is one of them. It is the company’s second major layoff. After cutting about 2,000 workers in the middle of last year
“We achieved ambitious growth at the beginning of 2022, building on incredible momentum and aligning with the trajectory of the industry at large. But that path has changed rapidly with a convergence of negative economic development,” Kris. sayin blog post
refer : LINK
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