LAYOFF News - Blockchain.News

CRYPTOCURRENCY

dYdX Announces Significant Workforce Reduction Amid Strategic Shift
cryptocurrency

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.

Google Fires Hundreds of Workers in Voice Assistant and Hardware Teams
cryptocurrency

Google Fires Hundreds of Workers in Voice Assistant and Hardware Teams

Google recently laid off hundreds of employees from its Voice Assistant and hardware teams. The layoffs are part of the company's cost-cutting measures and strategic restructuring amidst the rising competition from companies like Microsoft and OpenAI.

BlackRock's Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation
cryptocurrency

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.

Binance Plans 1,500 to 3,000 Layoffs due to DOJ Probe, Reported CNBC
cryptocurrency

Binance Plans 1,500 to 3,000 Layoffs due to DOJ Probe, Reported CNBC

The biggest crypto exchange Binance is reportedly planning to layoff between 1,500 and 3,000 employees by the end of the year, according to an anonymous source cited by CNBC on July 14, 2023. This move is seen as a response to an ongoing probe by the U.S. Department of Justice and SEC.

Nigerian Crypto Startup Lazerpay to Shut Down Operations
cryptocurrency

Nigerian Crypto Startup Lazerpay to Shut Down Operations

Lazerpay, a Nigerian crypto and Web3 company, announced its shutdown due to a lack of funding. Founder Emmanuel Njoku emphasized the impact Lazerpay had in the crypto ecosystem and recommended users withdraw their funds by April 30. The company is also inviting offers to purchase its intellectual property.

Crypto Bank Anchorage Cuts 20% of Workforce
cryptocurrency

Crypto Bank Anchorage Cuts 20% of Workforce

Anchorage Digital has laid off 75 employees, citing regulatory uncertainty and market volatility. The crypto bank expressed confidence in the digital asset landscape but acknowledged headwinds for its business and the crypto industry.

Coinbase Says Goodbye to Over 60 Employees
cryptocurrency

Coinbase Says Goodbye to Over 60 Employees

Crypto exchange Coinbase Global Inc has announced a fresh job cut of over 60 from its recruiting and institutional onboarding teams.

Bitmex to Layoff Employees a Week After CEO Takes Exit
cryptocurrency

Bitmex to Layoff Employees a Week After CEO Takes Exit

Bitmex has reduced its number of employees as part of a strategy to move away from the company's "beyond derivatives" model.

One-third of Staff Laid Off in Digital Investment Group NYDIG: WSJ
cryptocurrency

One-third of Staff Laid Off in Digital Investment Group NYDIG: WSJ

Wall Street Journal citing sources revealed that the New York-based digital investment group NYDIG laid off nearly a third of its workforce, about 110 people in total.

India’s WazirX Lays Off 40% Of Workforce, Triggered by Market Hardship
cryptocurrency

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

Trending topics