Galaxy Digital Could Lay Off 20% Of Its Staff
According to Bloomberg, citing persons familiar with the situation, Galaxy Digital may lay off up to 75 employees.
Mike Novogratz’s company may lay off 15% to 20% of its workforce. According to Michael Wursthorn, a Galaxy representative, the company is continually analyzing its ideal team structure and strategy. He stated:
“While our industry continues to face macroeconomic headwinds, Galaxy remains focused on building for the future state of institutional adoption and on enhancing long-term shareholder value.”
As Coincu reported, Robert Bogucki, Galaxy Digital’s co-head of trading, had departed for investment company Brevan Howard’s crypto unit BH Digital in September.
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