Ledger has announced to cut 12% of its workforce
CEO and Chairman of hardware
crypto wallet maker Ledger, Pascal Gauthier has announced that the company will be cutting 12% of its workforce. The layoff reason is the 2022 Bear Market collapse of the company including
FTX and Voyager Digital and broader headwinds. The purpose of taking this step is to secure the longevity of the firm amid macroeconomic challenges affecting revenues said by Pascal Gauthier. Pascal Gauthir has expressed regret on cutting on staff to ensure longevity of the firm at the same time. By making it easier for US citizens to buy Cryptocurrency Ledger has recently integrated its live software with PayPal.
