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Crypto exchange CoinDCX lays off 12% of workforce - Vimarsana News

Crypto exchange CoinDCX lays off 12% of workforce

Laid-off employees will be provided with necessary assistance and resources, including severance pay equivalent to the full notice period, an additional one month of salary, variable pay and incentives owed.

CoinDCX: Homegrown crypto exchange CoinDCX lays off 12% of its workforce - Vimarsana News

CoinDCX: Homegrown crypto exchange CoinDCX lays off 12% of its workforce

CoinDCX founders Sumit Gupta and Neeraj Khandelwal said in a blog post that to help the impacted employees, "we have put together a support package consisting of severance pay equivalent to the full notice period, additional one month of salary, variable pay and incentives dues, encashment of unutilised leaves, extension of health insurance & wellness benefits and access to counseling support".