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Tag: downsizing
FTX Announces Downsizing In Alameda, Promises To Reimburse Users
Sam Bankman Fried, CEO at FTX, explained the current state of the crypto exchange platform and their efforts to make users whole. The trading venue collapses after facing a “liquidity crunch” and halt...
Crypto Exchange Crypto.com’s Downsizing Larger Than Previously Reported: Ad Age
Though declining to address specific numbers on how many have been laid off, a Crypto.com spokesperson told Ad Age: “As disclosed in June, Crypto.com underwent a restructuring process that concluded i...
Crypto Miner Core Scientific Downsizing After $840M Impairment Charge
Produced 3,365 bitcoin in the quarter, a 4% drop from the prior quarter Shares of CORZ have clawed back some of the year’s losses over the past month Core Scientific (CORZ) reduced its headcount by 10...
Huobi founder looking to sell shares amid company downsizing
Global exchange giant Huobi‘s founder and CEO Leon Li is reportedly looking to sell his more than 50% stake in the company as the exchange struggles on the revenue front after banning Chinese users. E...
Elon Musk hints at downsizing in a meeting with Twitter employees
Elon Musk informed Twitter Inc. (NYSE:TWTR) staff via a phone call that he intends to increase the social site’s user numbers and that he hasn’t ruled out downsizing as he tries to finalize his $44 bi...
Philippine Billionaire Lucio Tan’s PAL Holdings Returns To Profit After Downsizing Fleet, Debt Restructuring
A Philippine Airlines (PAL) plane takes off at the Ninoy Aquino International Airport (NAIA) in … [+] Manila on August 5, 2010. AFP PHOTO/NOEL CELIS (Photo credit should read NOEL CELIS/AFP via ...
Bitcoin Cash Price Prediction: BCH/USD Trade Attempts Downsizing
Trade Attempts Downsizing – February 19It has been on the BCH/USD market financial operations that the crypto-economic trade attempts downsizing at a higher resistance path of the smaller SMA trend li...