“We are focused and working as quickly as we can to stabilize liquidity and operationsTroubled cryptocurrency lending platform Celsius has cut 150 employees, Israeli business websitelists 651 employees, with its headquarters in Hoboken, New Jersey. It also has offices in Israel and the UK.
Calcalist said some of the retrenched workers were in Israel, adding that Celsius did not respond to a request for comment.that Celsius had appointed Citigroup to advise on its financial options, and the Wall Street Journal said the lender was working with restructuring consultants from advisory firm Alvarez & Marsal.
Crypto exchange operator FTX held talks with Celsius about providing financial support or making an acquisition, but decided against proceeding after examining Celsius's finances, two people with knowledge of the matter“We are focused and working as quickly as we can to stabilize liquidity and operations, in order to be positioned to share more information with the community,” Celsius© 2022 The Block Crypto, Inc. All Rights Reserved.
It’s good that they didn’t let all of them go so there is still hope
Soon 100%