Exodus Movement Cuts 25% Of Global Workforce To Reshape Stablecoin Payments Platform - NewsCord
Exodus Movement is cutting 25% of its global workforce to restructure around stablecoin payments and card infrastructure. The company expects pre-tax restructuring charges of $2.5M to $3.5M and annual savings of $10M to $13M by 2027. Exodus shares fell over 8% to $4.62 on Monday.
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