Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter

www.coindesk.com Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reducing Workforce by 35%

The exchange said that it doesn't have any direct exposure to FTX, although the job cuts are a result of the crypto downturn caused by FTX.

The exchange has some 200 employees, which would imply that Swyftx is reducing some 45% of its total workforce.

Swyftx also said that it has no direct exposure to the bankrupt crypto giant FTX. The firm said the job cuts are a result of the crypto market downturn caused by FTX.

0 comments