Argentina-based crypto app Lemon Cashof your staff 38 percentcorresponding to 100 peopleannounced his dismissal.
The difficult processes of the crypto industry have brought with them bankruptcies or layoffs. As a result of this period, many companies said goodbye to their staff on the grounds of financing. Galaxy Digital recently announced that its employees 20 percent It turned out that he was planning to lay off his job. Powerful cryptocurrency exchange Coinbase is also laying off staff on a regular basis. Negative effects of difficult processes, Latin Americaincreased in the region. Argentinabased platform Lemon Cashannounced that it was laying off 100 employees.
Lemon Cash Involved in Layoffs in Latin America
Bitso, based in Latin America, buenbitand 2TMThe company Lemon Cash was also involved in the layoffs of crypto projects such as
CEO of crypto company Marcelo Cavazzolimentioned the difficult financing processes and the negative course of the market. cavazzoliIf these processes continue Latin America’s FintechHe underlined that more layoffs could be seen in the industry.
The crypto company also A seriesa funding round 28 millionclosed the dollar extension and 1.6 millionannounced that it has many users.
