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Blockchain.com Lays Off 25% of Staff

By
Akash Pasricha
· · Source: Coindesk

United Kingdom-based crypto exchange Blockchain.com is laying off 25% percent of its workforce, Coindesk reported on Thursday, amounting to 150 employees. The company is closing its offices in Argentina, which will account for nearly half of the job cuts, and also laying off U.S. and U.K. workers. The cuts follow a Coindesk report that the company could lose $270 million from lending to...

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