Category: downsizes
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Paxos Reportedly Downsizes Workforce by 20%: Details
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Stablecoin issuer Paxos has laid off 20% of its workforce, cutting its headcount by 65 people, Bloomberg reported Thursday, citing an internal email. According to the a reportCharles Cascarella, CEO and co-founder of Paxos, said the headcount reduction will allow the company to capitalize on future opportunities in the tokenization…