Crypto payment infrastructure company MoonPay has laid off 10% of its employees
MoonPay, a cryptocurrency payment infrastructure company, has laid off 10% of its employees. Ivan Soto-Wright, co-founder and CEO of MoonPay, stated that while the company's cash flow is positive, the cost structure is too high. According to LinkedIn records, given that MoonPay currently has about 300 employees, 10% seems to be about 30 people.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
James Wynn, the whale, once again opened a 10-fold increase in PEPE orders, worth $8.4 million
Canary Staked CRO ETF Files S-1 for Listing
Solana Ecosystem AI Platform Assisterr Completes $2.8 Million in Financing
AAVE breaks above $250
Trending news
MoreCrypto prices
More
