Polygon Labs to Lay Off 60 Employees
Polygon Labs CEO Marc Boiron announced the dismissal of 60 employees, accounting for 19% of the team.Layoffs refer to the termination of employees from a company, often due to economic reasons.
Polygon Labs to Lay Off 60 Employees
Polygon Labs CEO Marc Boiron announced the dismissal of 60 employees, accounting for 19% of the team.
Jack Dorsey’s Block Undergoes Significant Layoffs
Block, the company founded by Twitter’s Jack Dorsey, has executed substantial layoffs, dismissing over 1,000 employees, according to Business Insider. A company memo seen by the publication revealed that Block reduced a “large number of team members” in a single day to streamline operations. The layoffs affected employees in the Cash App, Foundational, and Square […]
PwC: 25% of Companies Anticipate Layoffs Following AI Adoption
According to a PwC survey, more than half of companies have implemented AI or plan to do so, potentially leading to a reduction of at least 5% of their workforce. The IMF has also expressed concern over the technology’s impact on jobs, with about 40% of employees worldwide expected to feel the effects. Approximately 25% […]
OpenAI scandal: why Sam Altman was fired and how attempts were made to reinstate him
OpenAI announced the dismissal of CEO Sam Altman. Some employees left the company in protest, and leading investors were surprised by the unexpected move.
Ava Labs, the company behind the Avalanche blockchain, cut its staff by 12%.
Ava Labs, the company behind the Avalanche blockchain, cut its staff by 12%.
NFT marketplace OpenSea halves its staff
The OpenSea non-fungible token platform has laid off half its staff. The move comes as the marketplace shifts its strategic direction.
Coinbase-backed Qredo trims staff by half
The crypto-custody infrastructure provider Qredo, facing difficult finances, has cut 50% of its staff, The Block reports, citing sources.
Polkadot developer Parity Technologies to cut 30% of staff
The Parity Technologies firm behind the {{AOPEN_1}}Polkadot{{ACLOSE_1}} project will lay off 30% of its staff, or about 100 employees.
Media: Bitmain fires three employees over leak of corporate information
The Chinese mining firm Bitmain fired three employees over the 'illegal publication of the company's salary announcement'.
CertiK to reduce headcount amid market dynamics
CertiK, a security-audit-focused smart-contract auditor, carried out a workforce optimization in response to market dynamics.We use cookies to improve the quality of our service.
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