Crypto.Com Fires Its Employees in the Second Round of Cut. Crypto.com, a cryptocurrency exchange company with a base in Singapore chief operating officer Derar Islim as the interim head of the crypto broker report that the company cut their workforce count of 20 percentage. To know more details stay tuned with us.
As per the Crypto.com company statement Islim is replacing Michael Moro, who is stepping away from the CEO role effective Wednesday. This company had hit by the so-called “crypto winter”, which has compelled a string of high profile firms to shrink their workforce in recent months. According to the report, the Singapore-based company this time fired people “from critical products like exchange, app and wallet.”
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According to the firms report, “leadership expressed they had no intention of going public. Top management is unlikely to make an announcement as, after the June layoffs, they claimed that everyone’s job was safe and that no more layoffs will happen”. To get recent and updated news subscribe and follow ExamsDaily.
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