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[-]  09-01-19 11:04

The Next Web
ShapeShift lays off 37 staff as ‘crypto winter’ takes hold
The “crypto winter” is far from over and cryptocurrency exchange ShapeShift is the latest to fall victim to its harsh ways. In a blog post published yesterday evening, ShapeShift CEO Erik Voorhees announced that he has had to “let 37 employees go.” This has reduced the company’s size by a third. The news comes as a result of the continued cryptocurrency bear market, as well as ShapeShift’s business model, which financially exposes the business to the volatility of the cryptocurrency ...

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