Market Maker GSR Cuts Staff Amid Crypto Winter

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Market Maker GSR Cuts Staff Amid Crypto Winter
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SCOOP: Crypto market maker GSR laid off staff “as part of structural changes,” the company said, as it repositions during the market downturn. realDannyNelson reports

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Crypto market maker GSR laid off staff “as part of structural changes” in the third quarter, the company confirmed to CoinDesk, becoming the latest trading shop to downsize growth ambitions amid chilly crypto winter.boasts of 300 employees globally.

“After a period of rapid expansion, our focus is on improving overall efficiency and continued development of our technology and trading capabilities,” the spokesperson said.

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