Another Crypto Company Dismisses 40% of its Employees to Survive the Bear Market

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Indonesia Berita Berita

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The Octopus Network will trim the size of its team by 40% and reduce the salaries of its remaining employees.

Octopus Network – a multichain crypto network supporting Web3 applications – will lay off 40% of its staff members to ensure its survival amidst the ongoing crypto winter.

“The current winter is the third winter I’ve experienced, the first two being 2014–2015 and 2018–2019 — and I see that this winter is very different from the others.”

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