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Top latin american crypto exchange bitso lays off 80 employees

top latin american crypto exchange bitso lays off 80 employees

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Latin American crypto exchange Bitso laid off 80 employees on Thursday, CoinDesk reports, citing a company statement. Bitso's layoffs come two days after the Argentina-based crypto exchange Buenbit laid off 45% of its staff � or roughly 80 employees � due to the. Latin American crypto exchange Bitso laid off around 80 employees. Amid the cuts, the company was still listing more than 60 open positions.
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. However, deal activity is likely to drop in the future, the investment bank noted. Bitso, which had more than employees before the layoffs, still lists more than 60 open positions on its jobs page. It did not mention any difficulties in raising capital. In its statement, the company mentioned the need to rethink the skills it needs from employees to move faster in the crypto industry as reasons for the cutbacks.