The US-based crypto exchange Bittrex will dismiss some of its employees, citing macroeconomic conditions and the decline in the crypto money market.
A recent leak on social media allegedly sent to employees by Bittrex co-founder and CEO Richie Lai to the letter stock market recently of employees some of them will be dismissed.
In the letter, the factors affecting the markets during the year macroeconomic negatives, in the cryptocurrency market drop And scandals It was stated that the company was going through a difficult period because of this. Founder, financial unit cut costs and that they did their best to get the company out of this difficult period without any personnel cuts, but their efforts were not enough.
Lai said that the company will necessarily reduce the number of employees and that this situation will affect the performance of the employees. not associated stated that it should. He also added that he regrets taking this decision and announcing it.
coinbase And Gemini Other leading cryptocurrency exchanges, such as the industry, have recently dismissed some of their employees, citing similar reasons.