Hong Kong-based crypto-asset trading platform OSL has become the latest platform to cut staff.
Hong Kong-based licensed crypto-asset trading platform OSL has confirmed that it has cut staff. The company laid off 40 to 60 jobs, or about 15% of its workforce, sources familiar with the matter told The Block. Speaking to The Block, a spokesperson for the stock market declined to give figures. The statement on the subject included the following statements:
“OSL has made the difficult decision to cut staff. This decision was not made easily and we understand the impact it has on employees.”
OSL also underlined that the shrinkage is not due to owning a problematic crypto firm or token such as staked ether (stETH) and TerraUSD (UST).
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