General director of crypto platform : cryptowinter is a great time to expand the staff

25.06.2022 Off By admin

Cryptowinter is the right time to hire new employees and further develop the business through various acquisitions. About this CEO of the exchange Justin Hance said at the Consensus 2022 conference.

“If there is a crypto winter now, then we will use this opportunity to the maximum”, the head said

According to him, at this stage the company is actively hiring staff, as well as “gaining momentum in terms of mergers and acquisitions.”

Justin Hance noted that the exchange did not spend much money on advertising campaigns like those organized by several crypto platforms within the Super Bowl.

Recall that the Gemini bitcoin exchange owned by the Winklevoss brothers intends to reduce the number of staff by 10% due to the collapse of the crypto market and unfavorable macroeconomic conditions.

According to media reports, Coinbase has begun to optimize costs, including suspending staff expansion, after receiving a net loss of almost $430 million for the first quarter of 2022.

Cryptocurrency Platform announced plans to lay off about 5% of all employees.