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

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines