Cryptocurrency market maker GSR has laid off nearly 10% of its staff in Q3
ChainCatcher news, according to CoinDesk, crypto market maker GSR announced that the company has laid off nearly 10% of its staff in the third quarter as part of a "structural reform" aimed at achieving long-term growth. GSR's website shows that it has approximately 300 employees worldwide, and the focus will now shift to improving overall efficiency and continuously enhancing trading and technological capabilities.
It is reported that GSR was founded 9 years ago and has long provided liquidity to the crypto market, including for Binance, Coinbase, and FTX. (CoinDesk)
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