Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn - by Graham Smith

[nandibear]

Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn
news.bitcoin.com
by Graham Smith
January 7, 2019

Excerpt:

Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at the bitcoin mining colossus, one of which claimed poor financial performance of the company’s AI arm was part of the reason for the winter slimming. Zahn maintains the reported plan is unreasonable, but Bitmain’s official response neither confirms nor denies the downsizing.

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Read entire article: https://news.bitcoin.com/bitmain-responds-to-layoff-rumors-from-ousted-co-founder-zahn/

About the author: https://news.bitcoin.com/author/grahamsmith/