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cryptonews
2022-10-03 13:10:00

Indian Crypto Exchange WazirX Lays Off 40% of Workforce

Indian Crypto Exchange WazirX Lays Off 40% of Workforce

Major Indian crypto exchange WazirX has laid off about 40% of its employees, citing a fall in trading volumes due to the bear market and the regulatory climate in India. Local news outlet the Economic Times reports that the figure equates to around 50 to 70 employees of the exchanges around 150 employees. WazirX said in a statement that the move will help it maintain financial stability and continue to serve its customers. ...Read More: Indian Crypto Exchange WazirX Lays Off 40% of Workforce

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