{"id":62107,"date":"2022-05-27T11:42:49","date_gmt":"2022-05-27T08:42:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=62107"},"modified":"2025-09-05T16:01:05","modified_gmt":"2025-09-05T13:01:05","slug":"bitso-lays-off-80-employees","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitso-lays-off-80-employees\/","title":{"rendered":"Bitso lays off 80 employees"},"content":{"rendered":"

The largest cryptocurrency exchange in Latin America, Bitso, has laid off 80 employees. CoinDesk<\/a> reports, citing a statement from the company.<\/p>\n

Bitso attributed the staff reduction to “reassessing the mix of competencies required of staff.” Previously, the company employed more than 700 people.<\/p>\n

The exchange did not indicate any financial difficulties. In May 2021 the platform raised $250 million<\/a> at a $2.2 billion valuation.<\/p>\n

As of writing, 67 open<\/a> positions are listed on the company\u2019s website.<\/p>\n

Earlier it emerged that Argentina’s Bitcoin exchange Buenbit cut staff by almost 45%. The company cited a “global restructuring” of the tech industry.<\/p>\n

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Dear community,
Today I come to share news that hurts me a lot. Given a new global context, we are redefining our strategy to become more robust and efficient, and I want to tell you about it in this thread.<\/p>\n

\u2014 Federico Ogue (@fedeogue) May 23, 2022<\/a><\/p><\/blockquote>\n