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Crypto firm Genesis cuts 30% of workforce
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finextra.com“As we continue to navigate unprecedented industry challenges, Genesis has made the difficult decision to reduce our headcount globally,” a spokesperson told Bloomberg.News of the layoffs come after Genesis sent a letter to clients promising to reduce costs and find efficiencies as the sector faces up to the FTX fallout.Genesis, a unit of the crypto conglomerate Digital Currency Group, has been attempting to raise cash for its lending business, according to Bloomberg.
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Genesis bankruptcy case scheduled for first hearing cointelegraph.com /1 year ago
Crypto lender Genesis files for bankruptcy fnlondon.com /1 year ago
Genesis' bankruptcy filing was decided by independent committee according to DCG cointelegraph.com /1 year ago
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