BitGo Lays Off 15% of Staff, Shifts Focus to Stablecoins and AI Infrastructure
By
@cointelegraph
Summary
Crypto infrastructure company BitGo Holdings laid off approximately 15% of its workforce (about 90 employees) as CEO Mike Belshe announced a strategic pivot toward trading, stablecoins, settlement, and AI-powered infrastructure. The layoffs reflect broader shifts in the crypto ecosystem and the company's need to concentrate resources on key growth areas.
Source
bskyBitGo Lays Off 15% of Staff, Shifts Focus to Stablecoins and AI Infrastructurecointelegraph.comKey quotes
· 3 pulledToday I'm sharing a hard decision: we are reducing our workforce by nearly 15%.
The ecosystem has evolved, and the way we build financial services has changed dramatically.
We need to be sharper, more focused, and concentrate our people and energy on the areas that matter most: security, trading, stablecoins, settlement, and AI-powered infrastructure.
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