Crypto Firm Swyftx Replaces CEO and Lays Off Staff Following Acquisition Spree
Swyftx, an Australian cryptocurrency brokerage, replaced its CEO and laid off 15% of its staff as part of a restructuring process following recent acquisitions. The company acquired Easy Crypto and Caleb & Brown for AUD 32.9 million and AUD 100 million, respectively, over the past year. The restructuring aims to streamline operations amid increased complexity.
Topics: acquisitions CEO change crypto industry layoffs restructuring