Hong Kong-regulated OSL to cut 40–60 staff, about 15% of the workforce
The Hong Kong-regulated bitcoin exchange OSL will cut 40 to 60 staff (about 15% of its workforce). The Block reports, citing sources familiar with the situation. A company spokesperson confirmed the information but did not provide specific figures. He explained that the optimisation was not triggered by the Terra collapse or the discount of stETH to ETH. The company had not worked with any firms facing liquidity problems amid the market downturn.
