(IJCH) Steemit lays off close to 70 percent of its staff!
IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinions and Musings)
From the Author:
Salutations.
I am JaiChai.
And if I haven't had the pleasure of meeting you before, I'm delighted to make your acquaintance now.
I invite you to interact with everyone, learn, and have as much fun as possible!
For my returning online friends, "It's always great to see you again!"
Steemit lays off close to 70 percent of its staff!
Blockchain startup citing the prolonged bear market for cryptocurrency.
In a video address posted to YouTube Thursday, Steemit CEO and founder Ned Scott said:
“While we were building out our team over the last many months we have been relying on projections of basically a higher bottom for the market and since that’s no longer there, we’ve been forced to lay off more than 70 percent of our organization and begin a restructuring.”
See this video:
"Steemit Update"
I'm still in shock.
How are you guys doin'?
By JaiChai
Really Appreciate You Stopping By.
Truly hope to see you again!
And if you liked my post, kindly Upvote, Comment, Follow, and ReSteem.
About the Author
Believing that school was too boring, he dropped out of High School early; only to earn an AA, BS and MBA in less than 4 years much later in life – while working full-time as a Navy/Marine Corps Medic.
In spite of a fear of heights and deep water, he performed high altitude, free-fall parachute jumps and hazardous diving ops in deep, open ocean water.
After 24 years of active duty, he retired in Asia.
Since then, he's been a full-time, single papa and actively pursuing his varied passions (Writing, Disruptive Technology, Computer Science and Cryptocurrency - plus more hobbies too boring or bizarre for most folk).
He lives on an island paradise with his teenage daughter, longtime girlfriend and three dogs.
"My mind was a terrible thing to waste..." - JaiChai