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Dubai News Club > Tech > Crypto.com laid off 260 employees — then quietly let go of hundreds more
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Crypto.com laid off 260 employees — then quietly let go of hundreds more

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Last updated: 2022/08/18
Press Room
Published: August 18, 2022
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In June, cryptocurrency exchange Crypto.com announced it was laying off around 260 employees, or 5 percent of its workforce, due to the widespread downturn in the crypto market. But layoffs did not end there.

Sources in and outside the firm tell The Verge that the company has quietly let go of hundreds more employees since the initial layoffs. These new layoffs have not been publicized, and it’s difficult to estimate their exact number. Crypto.com has been trying to limit knowledge of…

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