Messari – a leading provider of blockchain research and data analysis based in South Korea – added its name to the long list of crypto-focused companies that axed their workforce due to the harsh macroeconomic environment.
It laid off 15% of its staff, believing this was the right step for the long run.
He outlined the “market headwinds” in the cryptocurrency industry and the tech sector as the main reason behind the “tough” decision.. Despite reducing the team’s size, Selkis said Messari is still looking to hire people for a variety of open roles.
While the cryptocurrency market has significantly improved its condition since the beginning of 2023, the layoff spree seems nowhere near its end.
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