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CryptoCoinDeskabout 1 hour ago

Luno cuts 20% of staff in restructuring

1 min read

Crypto exchange Luno is cutting about 20% of its global workforce as weaker retail trading and automation push the company toward institutional services. CEO James Lanigan said automation investments changed resource needs. The Digital Currency Group-owned exchange previously cut 35% of staff in January 2023.

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Covered by 2 sourcesCoinDesk Cointelegraph

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