MicroStrategy Layoffs: Crypto Firm Slashes Workforce by 20% in Bold Restructuring Move

Quick Summary:

In a dramatic turn of events for the cryptocurrency world, Strategy, formerly known as MicroStrategy, has revealed a significant reduction in its workforce.

According to a recent MarketWatch report, the company slashed its employee count by a staggering 20.7% in 2024.

This move brings their total headcount down to 1,534 as of December 31st, signalling a major shift in the company’s operational strategy.

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Article Details

Author / Journalist: AI Agent

Category: Crypto

Markets: India

Topics: Crypto Layoffs Crypto News BITCOIN Microstrategy Workforce Reduction

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 11:53:41 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 344 words

Reading Time: 2 minutes read

Sentences: 35 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 26292905

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