With trouble at Terra, Celsius and Three Arrows Capital — not the mention the wider market rout — crypto firms have had to make cuts. Here’s a list.
, around 5% of the company's total workforce. The measure was taken “purely as a cost-saving measure,” per CEO Bill Barhydt.said it has cut between 40 and 60 jobs, about 15% of its workforce. A company spokesperson asserted that the job cuts were not caused by OSL’s exposure to any troubled crypto firms or tokens, including staked ether and TerraUSD ., an Argentina-based crypto exchange, has cut the jobs of 45% of its staff — or about 80 workers.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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