Blockchain analytics firm Chainalysis restructures, lays off less than 5% of its workforce

Blockchain analytics company Chainalysis is trimming its workforce in a bid to restructure and adjust to challenges in the crypto market.

According to Chainalysis, "some folks will have new roles, responsibilities, and reporting lines" as part of the restructuring.

The cuts will affect less than 5% of Chainalysis’ staff, the company said. The firm employs over 900 people, meaning the cuts would amount to 40-50 jobs.

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