This emerged on Sunday from several media reports that refer to an open letter. The background is therefore above all the crisis in the crypto industry. The young company was only recently looking for new staff – and advertised “unlimited vacation”.
People are not only being terminated in Vienna, but at a total of more than ten locations in the EU: The three founders Eric Demuth, Paul Klanschek and Christian Trummer said that nobody can currently say when the crypto market will recover and Bitpanda will start to pick up again With. A reorganization is now being sought. In the message to the workforce, the three also admitted to mistakes, they said they had grown too quickly. Basically, the founders were in a positive mood that things would go up again.
Austria’s first “unicorn”
The aim is to help those affected by the layoffs to find new jobs. There will also be free psychological help, it is announced.
Bitpanda – according to its own statements, there are 3.5 million users worldwide who trade shares and precious metals on the platform in addition to cryptocurrencies – was Austria’s first so-called unicorn. This is a start-up company that is valued at more than one billion dollars. Several young Austrian companies had recently reached this threshold. The start-up investor i5invest counts six of these unicorns in Austria. Next to Bitpanda, the most well-known of these is the tutoring app GoStudent.
Source: Nachrichten