#Layoffs

Layoffs refer to the termination of employees from a company, often due to economic reasons.

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ForkLog 13 17.02.2023

Tesla accused of ‘retaliation’ by AI team over union drive

Tesla was accused of firing data labelers for the Autopilot driver-assistance system as 'retaliation' for attempting to form a union.

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ForkLog 17 14.02.2023

NFT marketplace Magic Eden cuts staff by 15%

Magic Eden leadership has laid off 22 people, reducing staff by 15%.

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ForkLog 15 06.02.2023

CoinGecko counts January layoffs in the crypto industry

In January 2,806 people lost their jobs in the digital-currency sector, according to CoinGecko's report. 84% of layoffs were at cryptocurrency exchanges.

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ForkLog 10 04.02.2023

Protocol Labs to cut 21% of its staff amid crypto winter

The team behind the Filecoin decentralized platform, Protocol Labs, announced it would lay off 89 employees (about 21% of the workforce).

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ForkLog 12 02.02.2023

Bitcoin exchange Bittrex to cut about 30% of its staff

The cryptocurrency exchange Bittrex filed a WARN notice with the U.S. Department of Labor amid unfavourable market conditions.

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ForkLog 16 02.02.2023

Chainalysis to lay off nearly 5% of staff amid crypto winter

Analytical firm Chainalysis has decided to lay off 44 of its 900 employees, or 4.8% of staff, according to Forbes.

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ForkLog 14 01.02.2023

PayPal to lay off about 2,000 employees — roughly 7% of the workforce

PayPal chief executive Dan Schulman told his team in an email that roughly 2,000 employees, or about 7% of the workforce, would be laid off.

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ForkLog 8 24.01.2023

Spotify to cut 600 jobs

The Swedish music streaming service Spotify announced a 6% cut of its roughly 10,000-strong workforce.

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ForkLog 26 24.01.2023

Gemini lays off 10% of staff amid Genesis troubles

The cryptocurrency exchange Gemini laid off 10% of its staff amid the bankruptcy of the crypto-lending platform Genesis Global Capital.

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ForkLog 12 19.01.2023

Microsoft to lay off 10,000 employees

Microsoft plans to lay off 10,000 employees by March 2023 due to worsening economic conditions.

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ForkLog 20 19.01.2023

ConsenSys trims 11% of its workforce

ConsenSys, the software developer, confirmed it cut about 11% of its staff. The reduction affected 96 employees.

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ForkLog 7 17.01.2023

Hong Kong-regulated OSL to cut costs by about a third

The Hong Kong exchange OSL will cut costs by about a third.

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