layoffs

crypto-custody-firm-ledger-cuts-12%-of-staff
Posted by | October 5, 2023
Crypto Custody Firm Ledger Cuts 12% of Staff

Ledger, the crypto wallet hardware maker, is laying off 12% of its staff, according to an announcement from the company's CEO, Pascal Gauthier.The story was first reported by Bloomberg.“Macroeconomic headwinds...

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chia-network-lays-off-third-of-its-staff-as-loss-of-banker-delayed-going-public
Posted by | October 2, 2023
Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public

Chia Network joins the steady trend of crypto firms cutting staff, saying its loss of banking partner Credit Suisse caused a costly delay of its effort to list as a...

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indian-crypto-exchange-coinswitch-cuts-support-team,-citing-market-doldrums
Posted by | August 29, 2023
Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums

Indian crypto investment platform CoinSwitch cut its customer support team by more than a third, citing low market activity.The 44 job losses, which occurred about three weeks ago, amount to...

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disney-aborts-metaverse-arm,-7,000-employees-to-lose-jobs
Posted by | March 28, 2023
Disney Aborts Metaverse Arm, 7,000 Employees To Lose Jobs

Disney’s foray into the metaverse has come to an abrupt end as the entertainment giant has reportedly shuttered its entire metaverse division.  In a bid to streamline its business and...

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binance-‘not-planning-any-layoffs,’-500-roles-to-be-filled-in-h1
Posted by | March 2, 2023
Binance ‘not planning any layoffs,’ 500 roles to be filled in H1

Cryptocurrency exchange Binance is “not planning any layoffs” and is instead trying to fill another 500 roles by the end of June, according to a Binance spokesperson.The comments came despite...

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crypto-exchange-bybit-to-let-go-of-30%-of-workforce-as-bear-market-drags-on:-report
Posted by | December 6, 2022
Crypto Exchange Bybit To Let Go of 30% of Workforce As Bear Market Drags On: Report

Dubai-based crypto exchange Bybit is kicking off a round of layoffs equalling more than a quarter of their total workforce amid the current market woes. Bybit co-founder and CEO Ben...

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