Cryptocurrency exchange platform Luno to lay off 20% of workforce

BlockBeats News, July 28th - According to Bloomberg, Luno, the cryptocurrency exchange platform owned by DCG, will globally reduce approximately 20% of its workforce as part of a company restructuring plan. The company's CEO, James Lanigan, confirmed this news.

Lanigan, in response to media inquiries, stated that this restructuring will adjust the company's business layout, including expanding its business-to-business (B2B) operations and reducing costs based on the current market environment. However, he refused to disclose the specific number of employees involved in this round of layoffs.