Category: downsizes

  • Paxos Reportedly Downsizes Workforce by 20%: Details

    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…