Crypto exchange, ByBit to lay off 30% of it's workforce

The crypto currency market is currently in a deep bear run and this has affected a lot of people, and company alike.

The income of those who were passively earning from crypto trading has been slashed by a great margin, and now, plans are being made by another crypto excha itnge to lay off some of its staffs.

Source

ByBit is one of the biggest crypto currency exchange platforms in the world right now, and the move comes as a means to cut down and reorganize it's structure.

What are your thoughts on this?