Massive job cutbacks in crypto companies are the outcome of overstaffing and the cryptocurrency market

IndustryTrends

The market continues to experience the relentless cryptocurrency winter, which has prompted a few of the biggest businesses to scale back their expansion plans

Numerous well-known crypto companies, such as Kraken and Coinbase, just have begun a new round of mass job cutbacks

A fresh wave of rules may soon be implemented as a result of the recent spate of market collapses.

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