Cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce, or about 110 employees, adding to a dreadful week of bloodletting across the battered cryptocurrency industry.
Thursday’s job losses come after Blockchain.com was forced to cut about 150 staff in July, as the firm grappled with a“The crypto ecosystem is facing significant headwinds as its course corrects from the challenges of the last year,” said a Blockchain.com representative via email. “To better balance product offerings with demand, we’ve made the difficult decision to reduce operating costs and headcount to rightsize the company.
blockchain IanAllison123 Dismissal is a last resort. It's a shame that the company does this
blockchain IanAllison123 hmm
blockchain IanAllison123 Sad news - the crypto bear market has been tough lately. We must remain optimistic though, because DeFi is still revolutionizing the industry. Rather than a winter, let's call it a HODLening so we can make a strong comeback!