SMH · general
Major Australian crypto company CEO out, jobs cut as bitcoin rout bites
2 hours ago
Swyftx, a major Australian cryptocurrency exchange, announced the firing of nearly 20 percent of its workforce and the exit of CEO Jason Titman amid a market downturn on Thursday. Co-founders Alex Harper and Andrea Yuen step in as acting co-CEOs to lead the company through a restructuring following major acquisitions and the plummeting value of Bitcoin.
Summary by Glance · Original reporting by SMH
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