Blockchain Smartphone Startup Sirin Labs Lays Off a Quarter of Its Workforce

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Blockchain smartphone startup Sirin Labs laid off a quarter of its workforce. Blockchain smartphone startup Sirin Labs laid off a quarter of its workforce, Israeli business media Globes reported on April 15.Per the report, the startup admitted to having laid off 15 of its 60 employees and having overestimated the sales of their Finney blockchain smartphone. A spokesperson for the company reportedly said that it will now focus on software development and distribution.Sirin Labs also purportedly denied previous reports that the company had failed to pay wages to its employees.The report also notes that the founder of the company, Moshe…
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Blockchain Smartphone Startup Sirin Labs Lays Off a Quarter of Its Workforce

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