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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Tamsialu$$ on June 26, 2022, 01:16:16 AM

Title: Peter Thiel-Backed Bitcoin Trading Platform Bitpanda Cuts Staff
Post by: Tamsialu$$ on June 26, 2022, 01:16:16 AM
The company cited a variety of reasons, including an excessive growth rate and “changing market sentiment.”As crypto winter sets in, Web3 companies are finding themselves in the difficult position of cutting staff. During a company call earlier today, Vienna, Austria-based Bitpanda announced that it would be reducing its headcount from 1,000 employees to 730.

“We are committed to Bitpanda’s mission, therefore we need to take decisive actions now,” the company said in a blog post. “The implications hurt: we need to let part of our team go and scale down to a target organizational size of about 730 people.more info (https://decrypt.co/103820/peter-thiel-backed-bitcoin-trading-platform-bitpanda-cuts-staff)