Amidst Dwindling Prices, Steemit Lays Off 70% of Workforce42.71

Blockchain-based social media platform Steemit Inc., the company behind popular open source website Steemit.com, has announced a structural reorganization which will entail laying off 70 percent of its workforce as it looks for new ways to cut costs and remain sustainable as a business.

In a heartfelt post published by Steemit's co-founder and CEO Ned Scott, the rest of the team will stay on to work on reducing the cost of running the Steemit platform and the company's public APIs.

Original source
https://bitcoinmagazine.com/articles/amidst-dwindling-prices-steemit-lays-70-workforce/

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