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Crypto exchange OKX cuts Dublin staff as part of global restructuring

The company, which sponsors Manchester City’s training kits, has entered a consultation period with around 20 staff employed in Ireland

OKX is the official training kit partner for the Manchester City’s 2022/23 season. Picture: Getty

OKX, the crypto exchange, has notified the government of redundancies at its Irish operation having entered a consultation period with around 20 staff employed in Dublin.

The company, which employs around 2,000 people globally, confirmed to the Business Post that it had “recently” entered into a period of consultation with 1 per cent of its global workforce, who are employed through its Dublin-registered operation, OKBL (Dublin) Services and Technology Co Limited.

“All affected employees will ...