Mexico-based crypto exchange Bitso has let go of an unspecified number of workers in a fresh round of layoffs, about six months after cutting about 80 employees.
"Bitso made the difficult decision to reduce its workforce as part of a strategic restructuring," the crypto exchange told The Block. "The people who are no longer with the company are all great professionals who had contributed in many ways to Bitso’s mission of making crypto useful."
Bitso declined to specify the number of affected employees and in which countries it was cutting teams. One of the staff members cut, Bruno Cavalieri, formerly a growth content writer for the firm, said on LinkedIn he was among "dozens" cut.
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