A bear market doesn't stop the show. While other cryptocurrency-related firms have decided to cut their workforce or freeze hiring, FTX_Official will continue hiring new personnel as the crypto winter continues. (Reporting via ezrareguerra)
Amid unfavorable market conditions, some cryptocurrency-related firms decided to cut their workforce or freeze hiring. However, crypto exchange platform FTX will continue hiring new personnel as the crypto winter continues.that the exchange will continue to “keep growing,” explaining that they will onboard new staff just as they have done on the market’s better days.
Bankman-Fried noted that in February the company slowed down hiring. However, he said that this is not due to a lack of funds. The move was done to make sure that team members can have enough time to properly mentor new employees before adding more.And our answer is the same as always:Criticizing hypergrowth companies, Bankman-Fried underscored that hiring more staff quickly doesn’t equate to a substantial increase in productivity. “Sometimes, the more you hire, the less you get done,” he said.
Moreover, because FTX took its time and hired employees carefully since February, Bankman-Fried mentioned that the exchange can keep its hiring pace as it is “regardless of market conditions.”
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Moving Away from Free to Play with First Light Games CEO Neil McFarland | HackerNoon'Moving Away from Free to Play with First Light Games CEO Neil McFarland' futureofgaming gamefi
Read more »
ServiceNow CEO says current economic downturn 'is not even close' to 2008 crisis'This is not even close to 2008. ... This is not a crisis,' McDermott said in an interview on 'Mad Money.'
Read more »
Valentino Names Alessandro Beretta CEO EuropeBeretta joins Valentino, in a new role for the company, from Procter & Gamble and Nike.
Read more »
A Keynote From CMC's CEO: Rush'No one should be getting lost trying to find information about crypto. And that’s why, here at CMC, we will continue to think of the best ways to keep giving you all exactly what you are looking for in crypto.' - RushLuton, CEO of CoinMarketCap.
Read more »
Starbucks cleans house, looks outside company for new CEOOnly non-Starbucks employees need apply for the top job at the coffee giant, the company said.
Read more »