Cryptocoins News / The Cointelegraph - 1 year ago
Crypto exchange Coinbase announced a further restructuring plan that involves reducing its workforce by 950 employees to cut operational costs amid the bear market. M...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto exchange Coinbase announced a further restructuring plan that involves reducing its workforce by 950 employees to cut operational costs amid the bear market. M...
Cryptocoins News / The Cointelegraph - 1 year ago
Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings. There’s no denying that the crypto mar...
Cryptocoins News / The Cointelegraph - 1 year ago
Top Stories This WeekSam Bankman-Fried enters not guilty plea for all counts in federal courtFormer FTX CEO Sam Bankman-Fried (has pleaded not guilty to all charges r...
Bitcoin News / Bitcoin.com - 1 year ago
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports wer...
Bitcoin News / Bitcoinist - 1 year ago
TRON founder Justin Sun, rumored to be the shadow owner of Huobi Global, has confirmed that the crypto exchange was laying off a significant amount of its workforce. This comes amid several rumors circulating in the crypto community, all of which end...
Bitcoin News / Bitcoinist - 1 year ago
The weakening crypto market and contagion among companies as a result of the implosion of the Terra ecosystem in mid-May and the unexpected collapse of FTX last month have had a significant impact on the industry’s headcount, which is perhaps i...
Cryptocoins News / The Cointelegraph - 1 year ago
Uncertainty and a lack of communication were among the complaints of Koinly employees laid off in recent months before the company made an official announcement. Crypt...
Cryptocoins News / The Cointelegraph - 1 year ago
From giving encouragement to trying to recruit the laid-off staff, crypto community members posted various responses to recent crypto layoffs. As more crypto compani...
Cryptocoins News / The Cointelegraph - 1 year ago
Ben Zhou, co-founder and CEO of Bybit, announced a reorganization plan amid the prolonged bear market that involves a steep reduction in firm's workforce. While bear m...
More / Bitcoin Reddit - 1 year ago
Crypto Lender BlockFi Filing for Bankruptcy and Conducting Major Layoffs FTX submitted by /u/Cell4rD00r [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
The Solana ecosystem continues to take the hardest of hits following the implosion of FTX which used to be one of the world’s largest cryptocurrency exchange platforms.
Its native token, SOL, gravely suffers as the altcoin has already lost 62% of its...
Cryptocoins News / The Cointelegraph - 1 year ago
While the full impact of FTX’s collapse is still unfolding, some have already warned of an increase in layoffs to come “in the months to follow.” The fall of crypto ex...
Bitcoin News / Bitcoin.com - 1 year ago
Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was m...
Cryptocoins News / The Cointelegraph - 1 year ago
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history. The Facebook parent c...
Cryptocoins News / The Cointelegraph - 1 year ago
As of the end of September, Meta had more than 87,000 employees — a large proportion of which is said to work in the Reality Labs division. Social media and tech gian...
Bitcoin News / Bitcoin.com - 1 year ago
Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The billionaire explained that there is no choice since Twitter is losing over $4 million a day. “Twitter has had a massive drop in revenue, due to act...
Cryptocoins News / The Cointelegraph - 1 year ago
Elon Musk previously won a similar class-action lawsuit brought by Tesla employees, calling the case “trivial.” Amid Twitter beginning mass layoffs, the company emplo...
Bitcoin News / Bitcoinist - 1 year ago
Rumors of massive layoffs had followed Elon Musk’s acquisition of the social media platform Twitter. Apparently, the billionaire had thought that there were too many employees in the company and that it could be operating with much less. This has fin...
Cryptocoins News / The Cointelegraph - 1 year ago
A spokesperson from Huobi Global says rumors of layoffs are “untrue” and the “senior management team is performing their duties as per normal.” Huobi Global says it ha...