February 20, 2024

Cryptocurrency exchange Crypto.com cuts 20% of employees

Today, January 13, Singapore-based cryptocurrency exchange Crypto.com announced a reduction of 20% of its staff worldwideto the world.This is another reduction in this area after the collapse of the FTX exchange in November, which negatively affected the industry as a whole. As Crypto.com CEO Chris Marszalek said in a statement, FTX's collapse has "significantly undermined confidence in the industry." According to Coindesk, Crypto.com employs, according to various sources, from 3.5 thousand to 4.5 thousand employees, which means the reduction will affect 700-900 people.

More details - in the material "Kommersant"