Just-In: Genesis Fires 30 Percent of Its Employees; Will It Be Next To File for Bankruptcy
According to the latest reports Genesis Trading, the lending arm for the greater Digital Currency Group (DCG), has begun a new wave in layoffs that will result in a 30% reduction of its workforce. This is a strong indicator of the financial instability the crypto giant currently faces. It also raises eyebrows.
The post Just In: Genesis Fires 30% of Its Employees; Is It Next To File for Bankruptcy CoinGape was first to publish this article.