Title: Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
Post by: Bitcoin on Jun 17, 2024, 06:27 am
Post by: Bitcoin on Jun 17, 2024, 06:27 am
Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20% Bloomberg reports that Paxos has laid off 65 employees, which accounts for 20% of its staff. The information was […]
Source: Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch (https://news.bitcoin.com/paxos-lays-off-65-employees-following-yield-bearing-stablecoin-launch/)
According to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20% Bloomberg reports that Paxos has laid off 65 employees, which accounts for 20% of its staff. The information was […]Source: Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch (https://news.bitcoin.com/paxos-lays-off-65-employees-following-yield-bearing-stablecoin-launch/)