Crypto Markets Could Brace for Impact as Layoffs Hit Deutsche Bank, Citigroup

Crypto markets across the globe had struggled with layoffs and salary delays last year. Pressure on financial resources with high interest rates and a crunch on investor appetite made organizations struggle in 2023. However, the start of 2024 hasn’t been any different either. Mass layoffs that started in 2023 and have spilled their way into 2024 as well.