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Radix developer RDX Works cuts 15% of its workforce due to cost cuts.
RDX Works, the developer of Radix's decentralized finance (DeFi) platform, has cut 15% of its workforce due to the need to cut costs. Piers Ridyard, the company's chief executive, confirmed in a statement to the company's official Telegram group on August 29 that the layoffs were a "refocus" and part of a "more comprehensive change that needs to be made." Piers Ridyard said: "One of them is to cut costs. As part of this cost-cutting, we at RDXWorks have made the difficult decision to...
2024-08-29 03:08:54
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