
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.
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The stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies.
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505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman.
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Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal.
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The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022.
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The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper.
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Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks.
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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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The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has decided to take matters into its own hands and proceed with a self-liquidating transaction. […]
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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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