Mantra Project Reduces Workforce Amid ‘Unsustainable’ Costs
The CEO of the RWA protocol Mantra, John Patrick Mullin, has announced a restructuring that includes an unspecified number of staff layoffs.Layoffs refer to the termination of employees from a company, often due to economic reasons.
Mantra Project Reduces Workforce Amid ‘Unsustainable’ Costs
The CEO of the RWA protocol Mantra, John Patrick Mullin, has announced a restructuring that includes an unspecified number of staff layoffs.
The Elon Effect: How DOGE Became a Crypto Phenomenon and What Lies Ahead
The US Department of Government Efficiency lost central authority eight months before its sunset. We examine its legacy—and where crypto fits in.
DappRadar to Cease Operations Amid Market Instability
The analytics service DappRadar has decided to cease operations, citing the "financial instability" of the market.
Zoom CEO Predicts AI Will Reduce Workweek to 3-4 Days
Artificial intelligence will enable a shorter workweek, according to Zoom CEO Eric Yuan at the TechCrunch Disrupt 2025 conference.
The Sandbox Restructures: Cuts Half of Workforce and Appoints New CEO
The metaverse platform The Sandbox has undergone significant restructuring, replacing its leadership and reducing its workforce by 50%, according to the French publication The Big Whale.
Lido Reduces Workforce by 15%
The team behind the liquid staking platform Lido has reduced its staff by approximately 15%, according to co-founder Vasiliy Shapovalov. As part of efforts to ensure long-term sustainability, Lido Labs, Lido Ecosystem, and Lido Alliance have made the hard decision to reduce the size of their contributor teams, impacting around 15% of the workforce. This […]
MetaMask Developer ConsenSys to Lay Off 47 Employees Amid Crypto Market Growth
ConsenSys, the company behind the development of the most popular Web3 wallet, will lay off 47 employees—7% of its total workforce, according to Bloomberg.
Eigen Labs Reduces Workforce by 25% to Focus on EigenCloud
Eigen Labs has laid off 29 employees amid a restructuring of its operations, as announced by the project’s CEO, Sreeram Kannan. Today is one of the hardest days we’ve had at Eigen Labs. This morning, I shared plans for a restructuring of the company, streamlining our operations, and concentrating our efforts on building and scaling […]
Trump’s Policies May Undermine US Economic Indices
The policies of US President Donald Trump’s administration could undermine the reliability of key economic indicators, including the Consumer Price Index (CPI), reports The Economist. The comprehensive information-gathering system is suffering due to increasing staff cuts at government agencies. By August 2025, data on producer prices in 34 industries will disappear. This could distort the […]
AI Takes Over Significant Tasks at Salesforce
Software development company Salesforce has automated a substantial portion of its operations using artificial intelligence. This was stated by the firm’s CEO, Marc Benioff, according to Bloomberg. “AI is currently performing between 30% and 50% of the work at Salesforce,” he specified. Neural networks are employed for software development and customer service, allowing for a […]
Opinion: The Job Crisis Triggered by AI Has Already Begun
The popular language-learning platform Duolingo has introduced 148 new courses created with generative AI and announced plans to replace contractors with machine learning technology to become an ‘AI-first’ company. Duolingo confirms they’re going to start replacing contractors with AI Their CEO says they will become an ‘AI-first’ company pic.twitter.com/DL97Dc2NuI — Culture Crave ? (@CultureCrave) April […]We use cookies to improve the quality of our service.
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