Crypto VC Titan Paradigm Slashes Salaries to ‘Reduce Need for Layoffs’

Crypto VC Titan Paradigm Slashes Salaries to ‘Reduce Need for Layoffs’


Decrypt
2022-12-15 10:45:58

Paradigm, the crypto VC firm known for an eclectic range of investments that included collapsed crypto exchange FTX, is cutting its employees’ salaries by 15%, citing dismal market conditions. “Post FTX's collapse, it is clear the contagion is deep and wide and like many of our clients and peers, we are not immune,” the company