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Market Cap:
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AMB Crypto
2023-02-05 05:30:36

Filecoin: Protocol Labs reduces staff by 21%: FIL gears up for price reversal

Filecoin: Protocol Labs reduces staff by 21%: FIL gears up for price reversal

The company behind Filecoin will reduce its workforce by 21%. FIL may be due to a reversal as buying pressure weakens. In a press release published on 3 February, Protocol Labs, the company behind decentralized file storage network Filecoin [FIL], announced that it would layoff 21% of its workforce. Citing “extremely challenging economic downturn” as

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