BitGo cuts 15% of staff to sharpen focus on AI, stablecoins
CoinTelegraph·
60-second summary
BitGo is cutting 15% of its staff to sharpen focus on AI and stablecoins. Co-founder and CEO Mike Belshe describes the layoffs as a one-time action, indicating no further reductions are planned. This strategic move aims to optimize the company's resources, positioning BitGo for future growth in the rapidly evolving digital asset landscape.
BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions.