DealStreetAsiaThailand crypto exchange Bitkub's parent cuts 5.5% of staff
'Small' adjustment comes as net profit fell last year and expenses ballooned
Bitkub is joining a flurry of tech companies in the region downsizing in recent months. (Source photos by Reuters and screenshot from Bitkub's website)
PIMFHA CHAN, DealStreetAsia
BANGKOK -- Bitkub Capital Group, the parent company of Thailand's largest digital asset exchange Bitkub Online, has fired about 5.5% of its personnel and curbed employee benefits to put a lid on costs amid economic headwinds, it said in a statement on Wednesday.