September 6, 2026

Capitalizations Index – B ∞/21M

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

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

Previous Article

The Most Profitable & Desirable Freelance Careers In A Digital Age

Next Article

Social Platform Steemit Lays Off 70% of Workforce

You might be interested in …

Ripple to Sponsor Blockchain Activity in 11 Universities

Ripple to Sponsor Blockchain Activity in 11 Universities Ripple has announced the addition of 11 new schools to its University Blockchain Research Initiative (UBRI) that will see the firm sponsor blockchain research and activity at […]