Status to layoff 25% of the workforce

Status to layoff 25% of the workforce

Status which is an open source Ethereum (ETH)-based chat platform is going to lay off 25 percent of its employees. Founded in 2017 at Switzerland, it allows its users to chat, transact, and access decentralized applications (DApps). The main reason for this hard decision is said to be due to the recent cryptocurrency market decline.

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