CoinDCX Fires 12% Workforce In Second Round Of Layoffs
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Coinbase Ventures-backed crypto exchange CoinDCX has let go of 12% of its workforce in the second round of layoffs. As per LinkedIn, the company employs over 722 people, and with the latest round of layoffs, over 86 employees have been impacted. CoindDCX cofounders cited ongoing macroeconomic conditions and the TDS on crypto transactions for the layoffs.