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The Wall Street Publication > Blog > Tech > Crypto Broker Lays Off One-Third of Staff
Tech

Crypto Broker Lays Off One-Third of Staff

Editorial Board Published October 14, 2022
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Crypto Broker Lays Off One-Third of Staff
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NYDIG, the bitcoin trading and banking firm, laid off about a third of its workforce last month, people familiar with the matter said.

Company executives informed employees affected by the job cuts, which numbered around 110, on Sept. 22, the people said. Employees were told the firm was seeking to trim expenses and narrow its focus to more-promising businesses, the people said.

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