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Category: layoffs
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Crypto.com gets nod in Dubai and FTX launches in Japan
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
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Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
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Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs
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How to Survive a Layoff
COVID-19 is causing businesses across the country to start closing their doors. As of March 2020, there have been 30 million Americans to file an initial unemployment claim – nearly 20% of the entire American workforce. Employees are being laid off or are being put on furlough. Laid off employees are permanently separated from the employer, though retain the possibility of being called back to work. They are also no longer listed on the company’s payroll and lose all employer-provided benefits. Employees put on furlough, however, have a similar yet different story compared to those laid off. These employees are
The post How to Survive a Layoff appeared first on The Merkle News.
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Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn
Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at the bitcoin mining colossus, one of which claimed poor financial performance of […]
The post Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn appeared first on Bitcoin News.
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Banks Are Cutting 75,700 Jobs Worldwide
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank, HSBC, and more. The negative interest rate environment and slowing economies have forced […]
The post Banks Are Cutting 75,700 Jobs Worldwide appeared first on Bitcoin News.
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Banking Giant HSBC Set to Fire 10,000 More Employees
The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read: Bitfinex Braces for Imminent Lawsuit Alleging Tether Manipulates […]
The post Banking Giant HSBC Set to Fire 10,000 More Employees appeared first on Bitcoin News.
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Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000 Almost 60,000 Job […]
The post Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide appeared first on Bitcoin News.
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Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide
Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup is preparing to shrink its trading staff slashing […]
The post Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide appeared first on Bitcoin News.
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