The largest manufacturer mining equipment presumably going to dismiss over half of staff in connection with the financial problems caused by the downturn in the cryptocurrency market. It is reported cryptosporidial Dowie Out, referring to a post in a Chinese message, which is the local analogue of LinkedIn.
âš this âš app âš this
there’s a post on Chinese Linkedin (usually very high accuracy, posted by employees themselves) saying Bitmain will start a layoff the coming week … 😳😳😳
A separate rumor said the plan is for more than 50% of its headcount ???! pic.twitter.com/b0ZSBuPX4d
— Dovey Wan 🦖 (@DoveyWan) 23 grudnia 2018 R.
According to Vaughn, the massive layoffs in Bitmain will start next week. Note that currently this company employs 2000 workers.
Recall, according to Israeli media, the Chinese mining giant closes research center BitmainTech Israel, based in the city of Raanana.
ForkLog also previously reported that Bitmain losses in the third quarter estimated at $740 million.
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