Messari – a leading provider of blockchain research and data analysis based in South Korea – added its name to the long list of crypto-focused companies that axed their workforce due to the harsh macr...
Tag: headcount
MATIC Drops 6% as Polygon Labs Slashes Headcount by 20%
Polygon Labs, the group of companies behind the eponymously-named blockchain network, announced it would be cutting its headcount by 20%, per a blog post. The 100 employees that have been laid off wil...
Polygon Cuts Headcount by 20% Despite Holding $2B in Treasury
A co-founder of Ethereum layer two solution Polygon Labs has announced that the company will lay off 20% of its staff to “unify the company.” According to Sandeep Nailwal, the firm will reduce its he...
LPL Financial Profit Soars, Advisor Headcount Rises
LPL Financial Holdings’ fourth quarter reported profits soared 199% year over year, thanks in part to lower expenses and a surge in net interest income. The company reported fourth quarter net income...
Crypto Firm Matrixport Slashes Headcount by 10%
Matrixport, a Singapore-based crypto investment and lending firm, has confirmed with Decrypt that it is making reductions in its marketing department, impacting 10% of its nearly 300-person workforce....
Ivan on Tech’s Moralis becomes latest crypto firm to cut headcount
Moralis, a blockchain infrastructure firm co-founded by popular crypto content creator Ivan Liljeqvist (aka Ivan on Tech), is the latest crypto company to cut jobs, Liljeqvist told The Block. “I...
ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market conditions” brought on by recent collapses. In a blog post from Co...
Blockchain.com Cuts Its Headcount by 28%
Blockchain.com lets go of 28% of its staff to achieve profitability in 2023. It slashed 25% of its workforce in July 2022, impacted by the collapse of 3AC. The year has changed, but the impact of the ...
Binance CEO outlines ambitions to grow headcount by up to 30% in 2023
Binance CEO Changpeng Zhao said the crypto exchange giant will continue to scale in 2023, with headcount growth goals of between 15% and 30%. The exchange group grew from 3,000 to 8,000 people i...
Binance secures 14 licenses, grows headcount to 7,500 in 2022
Binance saw steady growth in 2022, securing 14 licenses and increasing its headcount to 7,500 people representing over 100 nationalities. It also grew its compliance team to 750 people from 500. As of...
Terra Classic Development Group Trims Headcount
– Advertisement – Terra Rebels reduce their headcount to boost efficiency. Terra Classic development team Terra Rebels has let go of about ten members, according to a tweet from community ...
Crypto Exchange Bybit To Slash 30% Of Its Headcount
A year ago, when prices were soaring and new all-time highs (ATHs) were often established, the entire crypto exchange and cryptocurrency market scene was vastly different. As a result of negative macr...
Bitget registers in Seychelles, plans to increase headcount
Bitget has registered in Seychelles as part of the crypto exchange’s plans to expand globally and establish more regional hubs. The registration falls under the archipelagic country’...
Crypto exchange Bitget to increase headcount 25% by year-end despite market conditions
Crypto exchange Bitget isn’t slowing down on hiring despite the worsening market conditions and the recent collapse of leading crypto derivatives exchange FTX. Bitget, which was founded i...
Rakuten Is Said Cutting Mobile Unit Headcount to Woo Investors
(Bloomberg) — Rakuten Group Inc. is reducing headcount at its mobile unit and seeking outside investors to help turn around the loss-making business, according to people familiar with the matter...
Michael Novogratz’s Galaxy Digital Plans to Reduce Headcount by 20%: Report
The market downturn has hit digital asset companies across the board, and a large number have resorted to job cuts to remain viable in the current difficult market conditions. The latest to join the l...
Intel Releases Q3 2022 Earnings Report, Plans to Reduce Headcount
With losses here and there in Q3 2022, Intel CEO believes that the economic meltdown may continue till the coming year. Semiconductor company Intel (NASDAQ: INTC) saw its shares rise 7% at extended tr...
Amber Group Cuts its Headcount by 10%: Bloomberg
Amber Group recently cut its staff by 10%, and reasoned the current market condition. But, the firm will increase the headcount in the roles that are highly prioritized. The Singapore-based leading cr...
BlockFi offers employees buyouts to further reduce headcount: Decrypt
Cryptocurrency lender BlockFi is reportedly offering its employees a buyout scheme in order to further whittle down its workforce, only one month after cutting a fifth of staff. Through a “volu...
BlockFi Initiates ‘Voluntary Separation Program’ To Further Trim Headcount
BlockFi already laid off 20% of its staff in mid-June CEO Zac Prince recently said the lender shouldn’t be compared to lenders that shut down Less than three weeks after FTX struck a deal to acquire B...
Investment platform Bitpanda reduces headcount to 730 employees
Correction: This article has been corrected to say that BitPanda’s headcount has been reduced to 730 people. An older version mistakenly said that the company was laying off 730 people. The Bloc...
Fidelity Digital Assets Plans to Double Headcount This Year: Report
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