Media: the largest market of Brazil has reduced state workers due to the fall in trading volume


For a few days, the biggest cryptocurrency exchange, Brazil’s Mercado Bitcoin has fired 20 employees. About it writes the local edition Portal do Bitcoin.

As said the publication of fired employees, the exchange’s management justified its decision by future changes in policy, marketing and personnel management. Sources also said that in recent months there have been changes in the market, and the scope of tasks of the employees decreased significantly.

Some branches of the platforms were closed after the layoffs. The exchange fired those employees who came to work 2-6 months ago.

We will note, in September the volume of trading amounted to 4 150 BTC, and for the first half of October – 1 965 BTC. It accounts for 30% of all transactions with bitcoin in the Brazilian market.

“Regarding Finance and personal data, Mercado Bitcoin does not disclose such information to the market, but wants to emphasize that the actual number of fired employees in October, much lower, less than 20 people if you consider consultants and other service providers”, — said the representative of Mercado Bitcoin to query Bitcoin Portal do.

ForkLog previously reported that the oldest in the UK bitcoin exchange Coinfloor announced job cuts because of a drop in trading volume.

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