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Report: Blockchain Company R3 Lays Off 20% of Staff

September 14, 2023
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Report: Blockchain Company R3 Lays Off 20% of Staff

September 14, 2023
R3, a prominent blockchain company in the finance industry, has reportedly laid off one-fifth of its workforce. The company eliminated positions across different functions and did so to preserve cash during an industry downturn, Bloomberg reported Thursday (Sept. 14). R3 did not immediately reply to PYMNTS’ request for comment. The company provided a statement to Bloomberg saying: […]