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Tag Archives: Bitmain

Followup on Bitmain’s New Round Layoffs Targets its AI Business

Feb 20, 2019

ChloeJiang

Bitmain, the demonstrated Beijing-based Bitcoin mining manufacturer at the center of the media storm recently relating to its mass layoffs, shrinking operation, and difficulties related to its IPO process. Of late, some sources disclosed that the company has just completed a new round of layo...

Jihan Wu and Micree Zhan Alleged Stepping Down as CEOs of Bitmain

Dec 29, 2018

ChloeJiang

December 28, the two CEOs of Bitmain, Jihan Wu and Micree Zhan were reportedly quitting their job in the company. The successor would be a layman surnamed Wang who has joined Bitmain for a while. “This matter has not been settled yet, and it is currently in a transitional period,” sa...