Aussie exchange Swyftx cuts staff by 21% amid bear market
Cointelegraph
Published Aug 19, 2022 02:42AM ET
Updated Aug 20, 2022 04:40AM ET
Australian crypto exchange Swyftx has had to lay off 21% of its staff to lower costs as it wades through the current bear market.
According to a Wednesday note from co-CEOs Alex Harper and Ryan Parsons (NYSE:PSN), it stated that 74 colleagues had to be let go, as the current economic climate that they were hired in has shifted dramatically to what it is today:
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Written By: Cointelegraph
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