Bitmain Reportedly Will Sack Up to 85 Percent of Workforce68

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce.

Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. Some reports were even claiming that the company was looking to shed 50 percent of all employees. These rumors first began to circulate on December 22, 2018.

Original source
https://bitcoinmagazine.com/articles/bitmain-reportedly-will-sack-85-percent-workforce/

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