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Lido Slashes 15% of Staff in Strategic Cost-Cutting Move – Efficiency or Desperation?
Lido Slashes 15% of Staff in Strategic Cost-Cutting Move – Efficiency or Desperation?
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Lido, the liquid staking giant, just axed 15% of its workforce—tightening belts or bracing for stormy crypto seas?
Behind the cuts: A laser focus on 'operational efficiency' (because nothing says 'bull market' like layoffs). The move follows industry-wide pressure to streamline as ETH staking yields compress and DeFi's summer cools.
Finance jab: Nothing boosts token prices like reducing headcount—Wall Street playbook meets decentralized theater.
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