The largest cryptocurrency exchange in Latin America, Bitso, has terminated the employment relationship with 80 employees.
Bitso explained the staff optimization by “rethinking the set of necessary employee competencies.” Before this, the company had more than 700 specialists.
The bitcoin exchange did not indicate the presence of financial difficulties. In May 2021, the platform raised $250 million at a $2.2 billion valuation.
Trending: Finder: Bitcoin could hit $80,000 by 2025
At the time of writing, 67 vacancies are open on the company's website.
Earlier it became known about the reduction of the Argentinean bitcoin exchange Buenbit by almost 45%. The company referred to the "global restructuring" of the technology industry.