Chainalysis Reportedly Cuts 39 Jobs Aiming to Boost Profit Margins By Cointelegraph


Chainalysis Reportedly Cuts 39 Jobs Aiming to Boost Profit Margins

Blockchain analytics firm Chainalysis is reportedly letting go of 39 of its employees in order to become more profitable.

On Nov. 21, Coindesk reported that Chainalysis is cutting its workforce by nearly 20%, eliminating positions across the board to the tune of 39 employees laid off. According to Maddie Kennedy, Chainalysis’ director of communications, the research and development team had to bear the brunt of it.

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