March 4, 2024

Latin American cryptocurrency exchange Bitso lays off more than 80 people

Article Reading Time:
1 min.

Latin American cryptocurrency exchange Bitso lays off more than 80 people

Cryptocurrency exchange Bitso reportedabout layoffs of more than 80 people. Considering that the Latin American site team currently employs about 700 people, the staff reduction is more than 10%.

Currently, the clients of the Bitso platform are more than 4 million citizens of Mexico, Argentina, Brazil and Colombia. At the same time, in Brazil the exchange occupies one of the leading positions.

“Our decisions that affect peopleworking in our company are based on our long-term strategy for development and customer support,” CoinDesk quotes a Bitso representative as saying.

Interestingly, on the website of the cryptocurrency exchangeThere are over 60 vacancies listed so far in various fields. According to the company, management needs to “rethink the required employee skills” to continue developing the site. At the same time, there are no reports of any difficulties in attracting investments.

Let us remind you that the Bitso cryptocurrency exchange entered the Colombian market not so long ago - the company opened a representative office in this country only in February of this year.