Steemit lays off 70% of work force

in #steemit5 years ago (edited)

Steemit, a distributed app designed to reward content creators, has laid off 70 percent of its staff citing “the weakness of the cryptocurrency market, the fiat returns on our automated selling of STEEM diminishing, and the growing costs of running full Steem nodes.”

https://techcrunch.com/2018/11/28/steemit-a-decentralized-sharing-system-lays-of-70-of-staff/

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