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Cryptocurrency News

Aussie exchange Swyftx cuts staff by 21% amid bear market

08/20/2022

Less than a minute

2022.08.20 11:50

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:

Source

08/20/2022

Less than a minute