(Bloomberg) -- Crypto exchange OKX is entering into employment consultation with staff at its Dublin unit, a spokesperson said Monday. 

  • Spokesperson declines to comment on number of jobs affected; says it’s less than 1% of OKX’s global workforce
  • The affected workers are employed through OKBL (Dublin) Services and Technology
  • “This is primarily a global resourcing decision on our part, and we intend to grow our global headcount in 2023”: spokesperson
  • NOTE: Crypto firms have cut thousands of jobs in 2023, as companies like Coinbase, Crypto.com and Gemini Trust contend with crypto winter

(Corrects story originally published Feb. 6 to say OKX is entering into employment consultation with Dublin staff.)

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