Novogratz's Galaxy Digital May Cut Jobs

Galaxy Digital, led by Michael Novogratz, may reduce its workforce by 20% due to macroeconomic challenges. The crypto industry has seen similar layoffs from companies like Coinbase and Blockfi, largely due to the fallout from Three Arrows Capital and exposure to Duquan's projects. Galaxy Digital's future plans and financial health will be clearer after their upcoming earnings report.

What percentage of its workforce may Galaxy Digital cut?

How many employees does Galaxy Digital currently have?

What are the macroeconomic challenges faced by the crypto industry according to the text?

What is the date when Galaxy Digital reports its third quarter earnings?

What significant exposure did Galaxy Digital have that Mike Novogratz called a mistake?