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Deep Tide TechFlow news, June 26, according to Cointelegraph, cryptocurrency infrastructure company BitGo announced a 15% layoff. Company co-founder and CEO Mike Belshe said the layoff is a one-time action aimed at optimizing the team structure to meet current business needs. The company did not disclose the exact number of layoffs, but confirmed the proportional adjustment.
Mike Belshe further explained that the company does not believe further personnel reductions are necessary. After this adjustment, BitGo will continue to maintain its current team size. The company emphasized that it will ensure business continuity, and the remaining employees will continue to advance core infrastructure services. Management stated that the remaining team will fully drive the achievement of the company's strategic goals.