Crypto Currency

Crypto Downzing Continues as Huobi Plans to Prune Workforce by 20%

The downsizing wave that swept through the cryptocurrency industry in 2022 is still on track as Seychelles-based cryptocurrency exchange, Huobi, has disclosed its plans to prune down its workforce by 20%. Huobi told Reuters on Friday that it intends to maintain “a very lean team” to cope with the current bear market in the industry…

The downsizing wave that swept through
the cryptocurrency industry in 2022 is still on track as Seychelles-based
cryptocurrency exchange, Huobi, has disclosed its plans to prune down its
workforce by 20%.

Huobi told Reuters on Friday that it
intends to maintain “a very lean team” to cope with the current bear market in
the industry…
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Bitcoin Magazine

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