Bahrain-Based Crypto Exchange Lays Off Over 100 Employees
- Date: 02-Jun-2022
- Source: Al Bawaba
- Sector:Financial Markets
- Country:Bahrain
Bahrain-Based Crypto Exchange Lays Off Over 100 Employees
A Bahrain-based crypto exchange has terminated the contracts of around 120 employees, according to Bahrain's Al-Watan newspaper.
According to the Bahraini news outlet, the crypto exchange that is licensed by the Central Bank of Bahrain, announced the decision to its employees without any notice or warning on Wednesday, June 1st.
The move comes as a surprise to many since the company has been employing new talents on weekly basis until last month, Al-Watan reported citing sources familiar with the matter.
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