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.Layoffs refer to the termination of employees from a company, often due to economic reasons.
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.
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).
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.
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.
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.
Spotify to cut 600 jobs
The Swedish music streaming service Spotify announced a 6% cut of its roughly 10,000-strong workforce.
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.
Microsoft to lay off 10,000 employees
Microsoft plans to lay off 10,000 employees by March 2023 due to worsening economic conditions.
ConsenSys trims 11% of its workforce
ConsenSys, the software developer, confirmed it cut about 11% of its staff. The reduction affected 96 employees.We use cookies to improve the quality of our service.
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