The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding.
Owing to ongoing financial difficulties, the IBM Hyperledger-powered trade finance blockchain platform we.trade is laying off almost half of its workforce.
According to a Global Trade Review report, “more than a dozen employees” were laid off and most of them belonged to the commercial and product-focused verticals of the company.
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https://cointelegraph.com/news/blockchain-platform-wetrade-reportedly-slashes-workforce-by-half