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Market Maker GSR Cuts Staff

Katie Lin

Summary: According to reports by CoinDesk, crypto market maker GSR has recently laid off about 10% of its staff. “After a period of rapid expansion, our focus is on improving overall efficiency and continued development of our technology and trading capabilities,” a spokesperson said. GSR is part of a wider trend of layoffs happening across crypto ...

According to reports by CoinDesk, crypto market maker GSR has recently laid off about 10% of its staff.

“After a period of rapid expansion, our focus is on improving overall efficiency and continued development of our technology and trading capabilities,” a spokesperson said.

GSR is part of a wider trend of layoffs happening across crypto companies as a direct result of the crypto winter.

Author: Katie Lin

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