Search Results for "layoff"
BitMEX Lays Off 25% Staff after Failing to Acquire German Bank
BitMEX Derivatives Exchange has reportedly cut off 25% of its staff following information shared with employees last week.
dYdX Announces Significant Workforce Reduction Amid Strategic Shift
dYdX has announced a 35% workforce reduction as part of a strategic shift. The move is aimed at restructuring the company for future growth.
Crypto Broker Genesis Cuts 20% Workforce, CEO Michael Moro Stepping Down
Genesis is laying off 20% of its 260-strong workforce, and its CEO is leaving. The announcement comes after the firm lost money that it loaned to the insolvent hedge fund Three Arrows Capital.
Bitoasis Layoffs 5% Workforce as Bear Market Concern Grows
Bitoasis is the latest company to acknowledge the effects of the current crypto bear markets that have triggered much bigger layoffs in major crypto firms.
Crypto.Com, BlockFi Announce Massive Layoffs as Economic Crisis Bites
More companies including Crypto.Com and BlockFi announced massive layoffs due to a downturn in their financial valuations amid the wider cooling of the market.
Robinhood Lays Off 9% Workforce, Shares drop
Robinhood is laying off 9% of its full-time workforce, CEO Vlad Tenev announced, as the shares of the company's stock hit a new low.
India’s WazirX Lays Off 40% Of Workforce, Triggered by Market Hardship
WazirX has joined the growing list of crypto firms reducing headcount amid the ongoing market crash
OpenSea to Lay off 20% of Employees
OpenSea, one of the largest marketplaces for NFTs, suggested that about 57 people will be laid off as it said it now has 230 employees.
BlackRock's Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation
BlackRock Inc plans to lay off 600 employees, following a similar pattern from 2023. Meanwhile, it eagerly awaits the SEC's decision on its Bitcoin ETF application, a potential game-changer in the crypto market.
Bullish.com to Layoff Staff amid Market Downturn
Cryptocurrency exchange Bullish.com has joined other crypto companies in making layoffs to tackle the massive market downturn.
Celsius Network Slashes 25% of its Workforce amid Potential Insolvency
Celsius Network’s woes continue to deepen because the crypto lending company has reduced its workforce by 150 employees, including those based in Israel.
Fintech Banking Platform TrueLayer Says it will Reduce 10% of its Workforce
Global Open Banking platform, Truelayer has announced its intention to reduce its workforce by 10%, following a blog post published by the fintech firm earlier this week