According to ME News, on August 12 (UTC+8), cryptocurrency asset management firm Bitwise laid off approximately 14% of its staff, reducing its workforce from around 180 to 155 employees. CEO Hunter Horsley stated that even after the layoffs, Bitwise’s team size remains the largest in its eight-year history, and the company expects continued growth as cryptocurrency becomes integrated into the global economy. (Source: BlockBeats)
Bitwise Reduces Staff by 14%, Workforce Now at 155
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Summary
Bitwise has reduced its staff by 14%, bringing the current workforce to 155. The layoffs, announced on August 12, reduced headcount from 180. CEO Hunter Horsley stated that the team remains the largest in the firm’s eight-year history. Bitwise anticipates continued growth as cryptocurrency integrates into the global economy and global crypto policies evolve. Ecosystem growth remains a key focus for the company.
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