Another Cryptocurrency Company Is Handling More Mass Layoffs

Billionaire entrepreneur Jihan Wu’s cryptocurrency company, Matrixport, is cutting its total workforce by 10%.

Cryptocurrency and the tech industry in general mass dismissal Singapore-based crypto money service provider Matrixport is among the companies that do it.

According to the statement made by Matrixport’s COO Cynthia Wu, most of the employees to be laid off will be in the marketing department it’s working.

Wu, as a company after the developments in the sector, focal points He said that they have changed and restructured the teams within the company accordingly.

Wu also recruiting new employees to legal compliance, legal and product development departments announced that they are continuing.

Matrixport, which has customers in 40 different countries More than 290 employees existed. company per month With $5 billion in crypto products is processing. Total value of assets under management and custody of Matrixport 10 billion dollars level.

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