laid off – DIGIT INFO

Crypto layoffs decelerate, with layoffs falling to 570 in February

DIGIT — Wed, 01 Mar 2023 03:46:49 +0000

The number is a stark contrast to over 2,900 employees from the crypto industry let go in January.

Go to Source

Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise

DIGIT — Tue, 31 Jan 2023 06:08:02 +0000

It was a tough month for crypto employees with at least 14 firms announcing staff reductions in January.

Go to Source

Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced

DIGIT — Thu, 21 Jul 2022 21:00:15 +0000

According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the report that noted Blockchain.com lost $270 million due to exposure to Three Arrows Capital (3AC). Blockchain.com Lays Off 150 Workers Citing Crypto Winter Conditions On […]

Go to Source

Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms

DIGIT — Sat, 04 Jun 2022 19:00:50 +0000

As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of its employees. The same day, one of the Middle East’s […]

Go to Source