- Advertisement -
Cryptocurrency platform Blockchain.com is laying off up to 110 employees in response to the industry-wide decline that has driven major cryptocurrencies to new lows since the fall of 2021.
“The cryptocurrency ecosystem is facing significant headwinds as its trajectory corrects from the challenges of the past year. To better balance product offerings with demand, we made the difficult decision to reduce operating costs and headcount,” the company said.
Read Also: Crypto.com Cuts 20% of Global Workforce Amid Industry Slump
