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TechFlow news, according to Tech in Asia, Cake Group, the parent company of Singapore-based crypto investment platform Bake.io, has confirmed it has cut 30% of its workforce.
Julian Osp, CEO and co-founder, said in an email to staff: "We have made the difficult decision to re-focus Cake Group on its core business, restructure our verticals, and resize our team to approximately 122 members."
Bake.io's parent company, Cake Group, has confirmed that it has laid off 30% of its workforce. CEO and co-founder Julian Osp stated in an email to employees, "We have made the difficult decision to refocus Cake Group on its core business, restructure our verticals, and resize our team to approximately 122 team members."
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