The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.
Read moreTether to double its workforce to 200 by mid-2025: Report
The stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies.
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OpenAI staff tells board to resign after Sam Altman ousting: Report
505 out of 700 employees reportedly signed a letter stating that the board undermined the company’s mission by firing Altman.
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Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal.
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Dev platform Stack Overflow axes 28% of staff as AI competition grows
The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022.
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Chainalysis axes another 15% of staff citing difficult market conditions
The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper.
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