Layoffs Financial News

07.11 / 11:37

avalanche layoffs Ava Labs Ava Labs Cuts Staff by 12% to Reallocate Resources for ‘Growth’ – Here’s the Latest

Ava Labs, the team behind the Avalanche ( AVAX) blockchain, has confirmed a 12% reduction in its workforce citing the need to reallocate resources as the driving force behind the staff cuts.

06.11 / 10:25

NFT non-fungible token Opensea layoffs NFT Marketplace OpenSea to Reduce Workforce as it is Planning “Big Changes”

Leading non-fungible token (NFT) marketplace OpenSea, unveiled plans to lay off half its workforce, amid the company’s major restructuring plans.

25.10 / 11:17

Polkadot layoffs Crypto Layoffs Continue: Polkadot Blockchain Developer Parity to Cut 30% Workforce

Polkadot blockchain developer Parity Technologies is the latest blockchain firm to conduct layoffs.

03.10 / 09:21

Blockchain Provident CEO Chainalysis layoffs information reports Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn

In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce.

29.09 / 11:47

layoffs Epic Games Trims Workforce by 16% Due to Unrealistic Metaverse Revenue Projections

Epic Games, the creator of Battle Royale Smash, Fortnite, is cutting off approximately 830 staff, or 16% of its workforce, as it looks to reduce its costs and create a viable financial ecosystem for the company.

05.09 / 13:25

layoffs bear market Crypto Infrastructure Provider Qredo Slashes Staff, Cuts Annual Expenses by 35% – Bear Market Continues?

Crypto infrastructure provider Qredo has announced plans to reduce staff and expenses as it navigates the challenges posed by the ongoing bear market.

14.07 / 18:05

nft market layoffs NBA Top Shot Developer Dapper Labs Continues Layoff Trend with New Round of Job Cuts

Dapper Labs, the non-fungible token (NFT) collectibles company behind NBA Top Shot, recently bid farewell to an additional 51 employees, following a previous staff reduction of 20% in February earlier this year.

31.05 / 19:07

crypto winter layoffs Blockchain Analytics Firm Nansen Cuts 30% of Staff Amid Market Slump

Blockchain analytics firm Nansen is cutting 30% of its staff, the company’s CEO Alex Svanevik announced via Twitter on Tuesday.

13.01 / 12:59

Blockchain cryptocurrency coinbase layoffs Crypto winter triggers avalanche of layoffs in 2023; Blockchain.com cuts 28% jobs

Amid an ongoing spree of layoffs globally, cryptocurrency brokerage firm Blockchain.com announced that it would slash 28 percent of its workforce, or about 110 employees, owing to the ongoing market conditions impacting the crypto economy.

30.11 / 21:23

cryptocurrency Kraken layoffs Crypto Exchange Crypto exchange Kraken to cut about 1,100 global jobs

Cryptocurrency exchange Kraken said on Wednesday it would cut its global workforce by 30%, or about 1,100 employees, citing tough market conditions that have crippled demand for digital assets this year.

14.06 / 15:51

cryptocurrency coinbase layoffs Crypto Exchange Bitcoin Coinbase lays off 18 percent of its employees, CEO Brian Armstrong says the exchange 'over-hired' in 2021

As the crypto crash gets worse with Bitcoin at around $21,900, the world's third-largest cryptocurrency exchange Coinbase said on June 14 that the company will lay off 18 percent of its employees.

14.06 / 08:01

cryptocurrency Jobs layoffs Bitcoin Amid market rout, Crypto.com, BlockFi lay off staff

With the cryptocurrency markets falling nearly 200 percent from their all-time highs last November, major companies, including Crypto.com and BlockFi, have announced layoffs from their workforce.

Layoffs Financial News

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