Crypto exchange Bitpanda lays off 730 people

Crypto exchange Bitpanda lays off 730 people


Coinnounce
2022-06-25 09:46:38

Bitpanda has announced the layoff of 730 people out of just over 1,000 employees, faced with a crypto bear market that surprised many startups that were not financially ready to face a drastic drop in crypto trading activity. The trading platform, backed by PayPal co-founder Peter Thiel, says that the “difficult decision” was taken so […]