Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch

Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin Launch

[unable to retrieve full-text content]Report: Paxos Lays Off 65 Employees Following Yield-Bearing Stablecoin LaunchAccording to sources familiar with the matter, the stablecoin issuer Paxos is cutting 20% of its workforce. This development comes on the heels of Paxos International’s announcement of its yield-bearing stablecoin. Paxos Trims Workforce by 20% Bloomberg reports that Paxos has laid off 65 employees, which accounts for 20% of its staff. The information was […]
Published at Sun, 16 Jun 2024 18:39:46 +0200

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