Tether to Double Its Workforce by Next Year, Says CEO
CryptoNewsTerminal Staff08 Aug, 2024
Tether to Double Its Workforce by Next Year, Says CEO
Paolo Ardoino, CEO of Tether, stated in a recent interview with Bloomberg that the company plans to double its workforce by next summer by bringing on about 200 additional employees. Ardoino criticized the common practice seen in Silicon Valley where companies hire hundreds of people during favorable times and then lay off employees during downturns. To avoid similar situations, Tether is implementing a cautious hiring approach with a focus on experienced professionals. This expansion in its workforce aligns with Tether's ongoing commitment to innovation and growth. By bringing on additional talent, the company aims to enhance its products and services, ensuring its continued success in the rapidly evolving digital currency landscape. With this strategic hiring plan, Tether sets itself apart as a responsible player in the industry, prioritizing stability while striving for growth.
