Swyftx reduces its workforce by 35% as the firm prepares for the "worst-case scenario."

Swyftx reduces its workforce by 35% as the firm prepares for the "worst-case scenario."


Coinnounce
2022-12-06 07:35:03

Swyftx, an Australian-based cryptocurrency exchange, announced the layoffs (1) of a total of 90 employees in anticipation of the "worst-case scenario" that could result from the fallout from FTX and a potential decline in global trading volumes in 2019.