Is Steemit Still In Trouble?

in #steemitlast year

I read this article and wonder if anything has improved for Steemit since 11-28-18?

Steemit is laying off close to 70% of team to cut operating costs as cryptocurrency prices drop.
Read the full article here:
https://www.theblockcrypto.com/linked/4162/steemit-is-laying-off-close-to-70-of-the-team-amid-the-weak-cryptocurrency-market

Please comment if you know anything.