505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman.
Category: staff
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Chainalysis axes another 15% of staff citing difficult market conditions
The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper.
Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February.
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Binance, Coinbase and Gemini staff are among the least happy, data suggests
Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt.
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German newspaper giant denies reports of replacing editors with AI
Artificial intelligence will soon make its appearance in one of Europe’s best-selling tabloid newspapers, but only to support journalistic work, not replace it.
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7,800 jobs at IBM could be replaced by AI within years, suggests CEO
Arvind Krishna, the chief executive of IBM, said roughly 30% of their non-customer-facing positions could be covered by artificial intelligence over a five-year period.
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SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’
SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”
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Goldman Sachs still open to crypto hires amid massive 3,200 staff cut
Goldman Sachs digital asset lead Mathew McDermott said the bank remains “hugely positive” on exploring blockchain applications.
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Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise
It was a tough month for crypto employees with at least 14 firms announcing staff reductions in January.
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Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure
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