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Posted on September 12, 2022

Crypto Trading Firm Amber Cut as Much as 10% of Its Staff

Crypto Trading Firm Amber Cut as Much as 10% of Its Staff

The Singapore-based company’s co-founder, Tiantian Kullander, said the company adjusts global headcount every quarter, and estimated that this year’s total net headcount change has been a 5% to 10% reduction in jobs.

“We are currently reducing in roles that are lower in priority given market conditions, and increasing headcount in roles that are higher priority,” Kullander told Bloomberg in a LinkedIn message.