Dash Core Group will lay off staff to "align costs with available budget" Ryan Taylor, CEO of Dash Core Group (DCG), which oversees the top 15 cryptocurrency by capitalization, said late last month that his firm had decided to cut several employees from different divisions to "reduce costs and align them with the available budget." As a result, on March 7, the HR department will be disbanded, the strategic planning team will lose two people, and the business development team - one.

Dash Core Group will lay off staff to "align costs with available budget"

Ryan Taylor, CEO of Dash Core Group (DCG), which oversees the top 15 cryptocurrency by capitalization, said late last month that his firm had decided to lay off several employees from various divisions to "keep costs down and align with an available budget. " ... As a result, on March 7, the HR department will be disbanded, the strategic planning team will lose two people, and the business development team will lose one..

“We have thoughtfully approached this decision. Over the past months, we have been actively looking for ways to cut the budget, ”said Taylor..

DCG currently has 49 employees, according to the website..

With the latest cutback, HR functions will be transferred to DCG's CFO, while Taylor will personally take care of the business..

Last December, Taylor called DCG's position "sustainable." “DCG does not run the risk of shutting down for the foreseeable future or making significant headcount reductions. We have sufficient reserves to withstand the bottom of the market whenever it happens, ”he said then.

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