Chinese mining company Bitmain has decided to close another international office — this time in Amsterdam as part of the ongoing adjustment of the business.

According to a statement obtained by CoinDesk, Bitmain has already implemented the decision on liquidation. The number of laid off professionals, the company is not named, but according to information from LinkedIn, we are talking about at least nine employees.

“As we build long-term, sustainable and scalable business, we make adjustments in our personnel and operations. This includes the decision to close our offices in Amsterdam and Israel,” explained a company representative.

In December, the mining giant has closed a development center in Israel, laying off 23 employees, who were engaged in the development of blockchain technologies and artificial intelligence. Was mentioned the General decline of the cryptocurrency market in the last year. At the end of the year there were reports about the planned mass dismissals in Bitmain, which can be up to 50% of the staff.

Representatives of the company then denied the plans for large-scale cuts, saying that we are talking about the adjustment business. However, the sources, who requested anonymity, confirmed the decision to cut a third of its workers, whose total number in the company exceeds 3 thousand. The same sources said the name of the new Director General Bitmain, who succeeded the Wu Jihan (Jihan Wu) and Mikri Jana (Micree Zhan), which carried out the dual leadership of the company.

On the eve it became known to stop Bitmain mining cryptocurrency on the capacity of the mining farm in Rockdale (TX) and dismissal of all personnel with the exception of three specialists. In August, announcing plans to open a data center on the basis of an abandoned aluminium factory Alcoa, Bitmain talked about the creation of 400 jobs.

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