![Sources: Galaxy Digital, the digital assets financial services company run by Michael Novogratz, plans to cut 20%+ of its workforce; its stock is down ~80% YoY (CoinDesk) Sources: Galaxy Digital, the digital assets financial services company run by Michael Novogratz, plans to cut 20%+ of its workforce; its stock is down ~80% YoY (CoinDesk)](https://karkey.in/wp-content/uploads/http://www.techmeme.com/221101/i15.jpg)
CoinDesk:
Sources: Galaxy Digital, the digital assets financial services company run by Michael Novogratz, plans to cut 20%+ of its workforce; its stock is down ~80% YoY — CoinDesk estimates that around 11,700 crypto jobs had been lost as of mid-October as a result of the crypto winter.