Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll

CoinDCX, one of India’s most prominent cryptocurrency exchanges, is cutting about 12% of its staff as the prolonged bear market hits revenue, it announced on Tuesday. The exchange is laying off 71 employees whose roles do not fit into current business priorities, a company spokesperson told CoinDesk. The company has about 590 employees. Several teams […]