Luno Announces 20% Workforce Reduction as DCG Subsidiary Restructures on July 28

According to Bloomberg, Luno, the DCG-backed cryptocurrency exchange, announced a 20% workforce reduction on July 28 as part of a restructuring plan. CEO James Lanigan confirmed the layoffs, stating the company will expand its B2B business for enterprise clients and cut costs in response to current market conditions. The specific number of affected employees was not disclosed.
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