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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".
Coinbase Ventures-backed crypto exchange CoinDCX has let go of 12% of its total workforce of 590 employees
Homegrown crypto exchange CoinDCX on Tuesday said it is laying off about 12 per cent of its workforce, as the crypto market continues to navigate the tough macro conditions and impact of TDS on domestic exchanges.CoinDCX Founders Sumit Gupta ...
India-based cryptocurrency exchange CoinDCX has announced a 12% reduction in its workforce due to a decline in virtual currency trading revenues.
India's crypto exchange CoinDCX has let go of 12% of its workforce, citing an impact of high crypto taxes on its volumes and, therefore, revenue.