(Tiper Stock Exchange) – crypto. coma well-known cryptocurrency exchange company, has announced the layoff of 20% of its workforce. The main reason for the new round of job cuts, explained Co-Founder and CEO Kris Marszalek, is the crisis in the crypto-asset sector fueled by the collapse of Sam Bankman-Fried’s FTX exchange.
“As we continue to perform well, growing to over 70 million users worldwide and maintaining a strong balance sheet, we have had to deal with the economic headwinds and unpredictable industry events We grew ambitiously into 2022, building on our incredible momentum and aligning with the trajectory of the broader industry.”
“That trajectory changed rapidly with a confluence of negative economic developments – it was added – The layoffs we carried out last July allowed us to overcome the macroeconomic recession, but did not take into account the recent collapse of FTX, which significantly damaged confidence in the sector“.