Steemit Lays Off Over 70 Percent of Staff Due to Cryptocurrency Market Crash

Steemit Lays Off Over 70 Percent of Staff Due to Cryptocurrency Market Crash
Rate this post
What is STEEM and is it a Good Investment

Steemit, a decentralized social media platform has laid off 70 percent of its staff due to the prolonged bearish cryptocurrency market. According to a Youtube video posted on November 29, 2018, Ned Scott, the CEO of Steemit mentioned that the company will prioritize a restructuring and undergo further cost reduction strategies to ensure that the company remains economically sustainable. Steemit…Read More. The post by Cindy Huynh appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

About Cindy Huynh

> 253 Articles