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DYdX CEO Juliano Fires 35% of Workforce and Promises Pivot

cryptovert October 30, 2024 1 min read

dYdx,
the
company
building
an
on-chain
crypto
derivatives
exchange,
fired
35%
of
its
core
team
Tuesday,
said
CEO
Antonio
Juliano.

The
shake
up
adds
more
turbulence
to
dYdx’s
2024
staffing
woes,
which
had
already
seen
Juliano
step
down
from
the
leadership
post,
only
to
return
in
early
October.

“The
decision
to
let
go
was
a
realization
that
the
company
we’ve
built
is
different
from
the
company
dYdX
must
be,”
Juliano
wrote
in
a
blog
post
titled

Letting
Go
.

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