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A well-known cryptocurrency exchange Bittrex laid off its employees in huge number.
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Bellevue, Wash.-based company slashed the number of employees it employed, according to the Washington government filing.
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“Unfortunately, due to market conditions, Bittrex was forced to lay off over 80 employees today...
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who reside in various locations across the country,” the company said in a statement to reporters.
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The company employs nearly 300 employees, as per LinkedIn.
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The company was founded in 2014 by three security engineers. Bittrex lets people purchase and trade crypto.