Celsius Lays Off 150 Employees as Crypto Winter Deepens (Report)

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Celsius' issues are reportedly deepening as the company had to lay off a significant chunk of its employees.

Celsius’ issues are reportedly deepening as the company had to lay off a significant chunk of its employees.

The company’s Linkedin page currently says it has 651 staff members, meaning that the fired ones represent approximately a quarter.a statement indicating that they “are focused and working as quickly as we can to stabilize liquidity and operations.” “We continue to take important steps to preserve and protect assets and explore options available to us. The options include pursuing strategic transactions as well as restructuring of our liabilities, among other avenues.”

 

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RIP

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