Exodus to cut 25% of staff in company reorganization
CoinTelegraph·
60-second summary
Exodus is cutting 25% of its staff in a company reorganization, aiming to generate between $10 million and $13 million in savings. This strategic move is part of its plan to build a full-stack card issuance and payments platform, positioning itself for growth and increased market presence in the rapidly evolving digital wallet and payments industry.
The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a full-stack card issuance and payments platform.