CoinVoice recently learned that on October 6, according to The Block, crypto hardware wallet manufacturer Ledger laid off 12% of its employees. In a letter to employees, the company's CEO Pascal Gauthier said: "We must continue to make decisions for the long-term development of the company. Macroeconomic headwinds limit our ability to generate revenue. In order to cope with current market conditions and business realities, we must reduce layoffs by 12%."

According to previous information, Ledger announced in March this year that it had raised most of the 100 million euros ($109 million) in its first round of financing, with a valuation of 1.3 billion euros. [Original link]