OKX Restructures, Reduces Workforce in Institutional Business
- OKX, a major cryptocurrency exchange, is restructuring globally, impacting its institutional business workforce.
- An estimated one-third of the institutional sales team has left due to layoffs and voluntary exits.
- The restructuring aims to adopt a traditional institutional coverage model and enhance regional operations for better client relationships and growth.
- Yana Vella, Finance Director at OKX, announced her departure amid these changes.
- OKX ranks fourth on CoinMarketCap’s exchange rankings based on traffic, liquidity, trading volumes, and volume legitimacy.
OKX is undergoing significant global restructuring efforts affecting its institutional business workforce. Approximately one-third of the sales team has departed as part of this strategy to enhance operations and client relations. OKX maintains its position as the fourth-ranked exchange on CoinMarketCap.
Source (3.2)https://cryptobriefing.com/okx-reduces-workforce-global-restructuring-effort/?rand=59535
