Cryptocurrency News
Aussie exchange Swyftx cuts staff by 21% amid bear market
2022.08.20 11:50
Aussie exchange Swyftx cuts staff by 21% amid bear market
Australian crypto exchange Swyftx has had to lay off 21% of its staff to lower costs as it wades through the current bear market.
According to a Wednesday note from co-CEOs Alex Harper and Ryan Parsons (NYSE:PSN), it stated that 74 colleagues had to be let go, as the current economic climate that they were hired in has shifted dramatically to what it is today: