FalconX Cuts 10% of Global Workforce
JH Kim
Summary
- Bloomberg reported that crypto prime brokerage firm FalconX cut about 10% of its global workforce.
- The report said FalconX had about 350 employees based in the US, the UK, Singapore and Hong Kong.
- The restructuring is expected to result in about 35 employees leaving the company.
Forecast Trend Report by Period
FalconX, a crypto prime brokerage firm, has cut about 10% of its global workforce, Bloomberg reported on Aug. 3.
The company had about 350 employees before the layoffs, with staff based in the US, the UK, Singapore and Hong Kong, the report said.
The restructuring is expected to result in about 35 employees leaving the company.
JH Kim
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