Cryptocurrency Exchange Crypto.com To Cut Workforce By 20%

Crypto.com said it had decided to reduce global workforce by approximately 20%. (File)

Singapore-based crypto exchange Crypto.com said on Friday it had decided to reduce global workforce by approximately 20%.

The announcement comes after Coinbase Global Inc said on Tuesday it would cut about 950 jobs, or 20% of its workforce, as part of a restructuring plan.

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