Topic: Dash Core Group plans to let go 8% of their staff (Read 110 times)
Their functioning is determined on what have been placed on ground by the team for the future of the coin, it is possible for a project with just two team to become very popular so I don't see it as a bad thing for them to lay off 8% of their staffs, maybe they have seen that they are actually spending a lot of money in paying staff that are not even needed by the company so they just decide to lay them off so that the money can be channeled to somewhere better.
What does this mean? Coin is not going good as expected? I am surprised to see this layoff especially when the coin is one of the best in privacy coins.
On March 7, 2019, Dash Core Group (DCG) plans to let go approximately 8% of their staff, says in their official announcement by the company's CEO Ryan Taylor. They are about to remove their Human Resources team, remove 2 people from the Strategy team and one person from the Business Development team.
As Ryan Taylor writes in his announcement, DCG faced tough decisions to maintain the company's financial stability. The main reason for this is the long-lasting “crypto-winter”, which affects the majority of crypto companies around the world. It looks like the last several months for DCG have been mostly about reducing their budget. Also, the company is in a “hiring freeze” mode for about 6 months now.
Read more about which functions of the company are affected and what operational changes are there going to be: https://bestcoininvestments.com/dash-core-group-letoff/
What do you think? 8% can be considered as a small amount, however, are they going to function like before? Or maybe even better?
As Ryan Taylor writes in his announcement, DCG faced tough decisions to maintain the company's financial stability. The main reason for this is the long-lasting “crypto-winter”, which affects the majority of crypto companies around the world. It looks like the last several months for DCG have been mostly about reducing their budget. Also, the company is in a “hiring freeze” mode for about 6 months now.
Read more about which functions of the company are affected and what operational changes are there going to be: https://bestcoininvestments.com/dash-core-group-letoff/
What do you think? 8% can be considered as a small amount, however, are they going to function like before? Or maybe even better?
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