Crypto․com licencie 20 % de son personnel

1. Crypto.com has laid off 20% of its total workforce.
2. This report was made live by the company`s CEO, Kris Marszalek.
3. All the affected personnel have been informed through a company update.

The cryptocurrency exchange Crypto.com, which is located in Singapore, a licencié around 20 percent of its workforce just three days after the company delisted Tether in Canada. Around 4000 people worked for the gargantuan exchange in 2022, and it served more than 70 million users.

This announcement was made by Crypto.com`s co-founder and CEO Kris Marszalek, citing poor market conditions and recent industry events. 

Kris said in a recent tweet;

Comme je l'ai partagé avec l'équipe aujourd'hui, même si nous continuons à bien performer, les conditions du marché et les récents événements de l'industrie en ont fait la bonne décision pour l'entreprise à l'heure actuelle.

The workers who will be affected have been told, and the CEO has also expressed his appreciation to them.

Ces réductions n'étaient en aucun cas liées aux performances, et nous exprimons notre plus profonde gratitude pour toutes leurs contributions à Crypto.com. Selon l', there was no connection between the reductions and the employees’ performance in any manner.

The cuts made by Crypto.com in July helped the company prepare for the macroeconomic downturn, but Kris says the current collapse of FTX has severely undermined faith in the sector.

Because of this, and the company’s continued commitment to responsible financial management, tough but essential choices were taken to better position the business for the long term.

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Mots clés: Crypto.comFTXLicenciements