Many Koinly staff point to poor communication, CEO in global layoffs By Cointelegraph
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Crypto tax firm Koinly announced cuts of up to 14% of its global team in response to the “intensifying bear market” — but many employees have pushed back against this narrative.
In a Dec. 6 announcement, Koinly founder and CEO Robin Singh said the crypto market downturn coupled with fewer people reporting crypto on their tax returns had contributed to the company deciding to let go of 14% of its team. However, several staff members who spoke to Cointelegraph on the condition of anonymity said the cuts had affected many more people at Koinly and were unprofessionally executed.
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Crypto tax firm Koinly announced cuts of up to 14% of its global team in response to the “intensifying bear market” — but many employees have pushed back against this narrative.
In a Dec. 6 announcement, Koinly founder and CEO Robin Singh said the crypto market downturn coupled with fewer people reporting crypto on their tax returns had contributed to the company deciding to let go of 14% of its team. However, several staff members who spoke to Cointelegraph on the condition of anonymity said the cuts had affected many more people at Koinly and were unprofessionally executed.
Continue Reading on Coin Telegraph
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