Anchorage Digital Cuts 17% of Staff Despite $4.2B Valuation and Tether Backing

Anchorage Digital is cutting about 17% of its workforce as weaker crypto market conditions put pressure on the company’s operations, according to reports. CEO Nathan McCauley told employees about the layoffs this week. The cuts could affect about 68 jobs, based on Anchorage’s reported headcount of 400 employees in February. The layoffs come as Anchorage […] Read The Full Article Anchorage Digital Cuts 17% of Staff Despite $4.2B Valuation and Te…