
Zac Prince, CEO of cryptocurrency exchange and lender BlockFi, took to Twitter Inc (NYSE:TWTR) on Monday to announce the company intends to lay off 20% of its staff.
Today is a painful day for BlockFi but more so for employees who we have to part ways with. We are doing everything in our power to treat all of our impacted colleagues with the empathy and compassion that they deserve.
— Zac Prince (@BlockFiZac) June 13, 2022