Crypto
Exodus cuts workforce 25 percent in restructuring
Cryptocurrency wallet firm Exodus is cutting 25 percent of its workforce as it restructures its organisation. The company said it is reducing headcount to adjust its cost structure and organisational priorities to fit a strategy to build a full-stack card issuance and payments platform. The announcement followed Exodus\' acquisitions of Monavate and Vank. Exodus reported 215 full-time employees as of Dec. 31 last year.