workforce reduction – DIGIT INFO

Kraken restructures with new co-CEO, layoffs reported

DIGIT — Wed, 30 Oct 2024 19:54:27 +0000

Kraken hinted that its managerial structure would be reformed, without explaining the details.

Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift

DIGIT — Tue, 03 Sep 2024 19:16:45 +0000

Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive a comprehensive exit package, including salary continuation, healthcare, career support, and […]

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Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

DIGIT — Sat, 28 Jan 2023 07:30:41 +0000

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations” as reasons for the layoffs. Matrixport Lays Off 10% of Staff as Crypto Winter Continues Jihan […]

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