CoinDesk·2 min read·medium
Exodus to cut 25% of global workforce in payments shift
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Francisco Rodrigues
✦AI Summary
Exodus is laying off 25% of its global workforce as part of a strategic pivot toward building a full-stack payments platform. The company expects the restructuring to save between $10 million and $13 million annually by 2027.
The Omaha, Nebraska-based company said in a filing the layoffs are part of a broader effort to lower costs while supporting its strategy of building a full-stack payments platform.
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