BitGo CEO announces 15% workforce reduction to focus on core growth areas

BITGO HOLDINGS, INC.

Michael Belshe posted on X that BitGo is cutting nearly 15% of staff to sharpen focus on security, trading, stablecoins, settlement, and AI-powered infrastructure.
Affected employees were notified directly by manager and HR prior to the public post.
CEO states the reduction is a one-time action and no further cuts are anticipated.
The layoff reflects a strategic pivot as the crypto financial-services landscape evolves.

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