Just one day after Josh Shapiro was sworn in as Pennsylvania’s youngest governor in over 20 years, he threw open “the doors of opportunity” for non-degree holding constituents who “just want a fair sh...
Tag: Axing
Coinbase proves strategy works by axing 1,000 employees
Coinbase chief Brian Armstrong has hinted that the spectacular implosion of Sam Bankman-Fried’s rival exchange FTX last year proves that his company has chosen the right strategy for long-term success...
Shopify is axing all meetings involving more than two people in a remote work ‘calendar purge’ that the company itself calls ‘fast and chaotic’
In a raft of new changes announced at the company this week, e-commerce giant Shopify may have just ushered in the next phase of the work from home revolution. Two years after CEO and founder Tobi Lüt...
Bitcoin IRA complaints mount after axing Earn and adding altcoins
Bitcoin IRAs (individual retirement accounts) seemed like a simple concept to investors, particularly those accustomed to other types of retirement plans. So simple in fact that, in March 2021, as bit...
NEAR’s TVL down bad after axing Terra-like USN stablecoin
Popular decentralized app platform NEAR is winding down its native USN stablecoin, citing a number of problems since its shift to a non-algorithmic, Tether-backed version. USN launched in April as a v...
No mass layoffs said Bitpanda, three weeks before axing third of staff
Cryptocurrency and commodities trading platform Bitpanda told its employees it would not resort to mass layoffs amid the economic downturn, just three weeks before a big employee cull. According to a ...
China’s Big Tech Firms Are Axing Thousands of Workers
BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure. Tencent Holdings Ltd. TCEHY -7.14% , opera...