Crypto layoffs trigger mixed responses from the community
From giving encouragement to trying to recruit the laid-off staff, crypto community members posted various responses to recent crypto layoffs. As more crypto companies have cut off their staff to weather the effects of the bear market, crypto community members have posted various reactions from giving encouragement to trying to hire the professionals that were recently let go. Just over the weekend, two prominent crypto exchanges announced layoffs as the effects of the crypto winter continue to be felt. Bybit has laid off 30% of its workforce which marks the second time the exchange conducted layoffs in 2022. On the other hand, Australia-based exchange Swyftx has also cut around 40% of its staff as it weathers the waves caused by the FTX fallout. In response to the Bybit layoff , a Twitter user who claimed to have worked with Bybit CEO Ben Zhou, opined that the exchange was making the correct decision and vouched for the members of the organization. On the other hand, another com...