Silvergate Sells Assets at a Loss, Cuts Workforce to Cover $8.1 Billion in Withdrawals: Report

Silvergate has reportedly laid off 200 staff members, or approximately 40% of its total number of employees.

Silvergate sold assets at a loss and downsizes to cover $8.1 billion in withdrawals: Report News

Silvergate Sells Assets at a Loss, Cuts Workforce to Cover $8.1 Billion in Withdrawals: Report

Silvergate has reportedly laid off 200 staff members, or approximately 40% of its total number of employees.

Silvergate sold assets at a loss and downsizes to cover $8.1 billion in withdrawals: Report News

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