Crypto Exchange OKX Laying Off Some Staff at Dublin Unit

Crypto exchange OKX is laying off some workers employed through a Dublin unit, a spokesperson said Monday.

(Bloomberg) — Crypto exchange OKX is laying off some workers employed through a Dublin unit, a spokesperson said Monday. 

  • Spokesperson declines to comment on number of jobs terminated; says it’s less than 1% of OKX’s global workforce
  • The affected workers have been employed via OKBL (Dublin) Services and Technology
  • “This is primarily a global resourcing decision on our part, and we intend to grow our global headcount in 2023”: spokesperson
  • NOTE: Crypto firms have cut thousands of jobs in 2023, as companies like Coinbase, Crypto.com and Gemini Trust contend with crypto winter

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