“Those combined conditions have resulted in heightened demand for the safe and secure digital asset products and services, which we provide,” the company wrote. “In fact, our client ...
Tag: Laying
AirDAO Announces an Overhaul of its Tokenomics Laying the Foundation for a Thriving Web3 and DeFi Ccosystem
[PRESS RELEASE – Please Read Disclaimer] AirDAO is a community-governed layer-one blockchain with a suite of web3 dApps accessible through the AirDAO Dashboard, all powered by the AMB token. The upgra...
Why Are Tech Companies Laying Off All These Workers?
getty Key takeaways As a potential recession nears, tech companies continue to lay off thousands of employees Meta kickstarted the layoff wave in early November when it slashed 11,000 employees While ...
Kraken Is Leaving Japan, Laying Off Several Employees
Popular digital currency exchange Kraken has announced it is closing its Japan branch this month and laying off all its employees in the Land of the Rising Sun. Kraken Is Stepping Away from Japan The ...
ConsenSys Announces Laying Off 11% Staff Amid Economic Downturn
The announcement was made by CEO Joseph Lubin in a blog post earlier today. This decision would effect a total of 97 individuals. ConsenSys, an Ethereum development firm and the creator of the popular...
Coinbase Laying Off 950 Employees; COIN Stock Surging Over 12% in a Day
Coinbase reducing about 20% of its workforce COIN stock is trading down by over 81% YoY Prominent crypto exchange Coinbase remained in the news again for the layoffs. The company reportedly announced ...
SuperRare, an NFT marketplace, laying off 30% of staff
John Crain, the CEO of the curated non-fungible token (NFT) marketplace, SuperRare, said on Friday, Jan. 6, that the company is reducing their employee count by thirty percent as a direct consequence ...
Anticipating A Ukrainian Offensive, The Russian Army Is Digging In And Laying Mines
A Zemledeliye minelayer in action in Zaporizhzhia. Via social media The appearance of a sophisticated Russian army minelaying rocket-launcher in southern Ukraine underscores the problems the Ukrainian...
PepsiCo Laying Off Hundreds Of Staff, Report Says
Beverage giant PepsiCo is cutting hundreds of jobs in its North American snacks and beverages division, according to information obtained by the Wall Street Journal, as part of a plan “to simplify the...
Nexo resolves real-time audit outage laying insolvency rumors to rest
Nexo announced that it has resolved the bug that stopped displaying the real-time audit of its assets and liabilities. A Nexo representative confirmed to CryptoSlate that “the Armanino timeout has bee...
Why Are Tech Companies Laying Off So Many Workers?
(Photo by Smith Collection/Gado/Getty Images) Getty Images Key Takeaways Layoffs have been sweeping the tech sector, including big names like Meta, Amazon, Shopify and Netflix. The widespread downsizi...
Laying off 300 Employees Likely to Affect Zillow Stock
American online real-estate marketplace company Zillow Group Inc. (ZG) recently reported to lay off upto 300 employees. The economic slowdown of the ongoing year has made many companies suffer heavy b...
Credit Suisse Plans Laying Off 9000 Personnel Post $4.09B Loss
Bitcoin News Credit Suisse reported a net loss of 4.034 billion Swiss francs [$4.09 billion] for Q3. By 2025, the bank hopes to have reduced its cost base by 15 percent. Credit Suisse, a Swiss investm...
Early-Stage Web3 Projects Laying Groundwork For A Decentralized Internet Continue To Attract Capital
We are still years away from Web3 becoming mainstream, yet the investment landscape for Web3 is growing unabated. Venture capital funds and angel investors are becoming increasingly aware and less ske...
Goldman Sachs has started laying off workers across the US — with a focus on cutting mid-level investment bankers. Here’s why that’s a bad sign for the economy
Goldman Sachs has started laying off workers across the US — with a focus on cutting mid-level investment bankers. Here’s why that’s a bad sign for the economy As the economy hovers on the...
Snap Reportedly Laying Off 20% Of Staff. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears.
Snap, the tech company behind the popular social media platform Snapchat, is planning to lay off roughly 1,280 employees this week according to The Verge, making it the latest company to announce layo...
Ford Reportedly Laying Off 3,000 Employees. Here Are The Major U.S. Job Cuts Amid Growing Recession Fears.
Ford Motor Co. will lay off about 3,000 employees, the company confirmed to the Wall Street Journal on Friday, representing one of the largest corporate layoffs this summer as major U.S. companies fea...
Wayfair Laying Off 870 Employees—Here Are The Major U.S. Job Cuts Amid Growing Recession Fears
Furniture retailer Wayfair cut 870 jobs Friday—one of the largest corporate layoffs this summer—as major U.S. companies fear soaring inflation could tip the economy into a recession. Aug. 19, 2022Bost...
Peloton Laying Off 800 Employees — Here Are The Major U.S. Job Cuts As Recession Fears Grow
Peloton Interactive plans to eliminate almost 800 jobs, it said Friday — the at-home stationary bike company’s second round of job cuts this year— making it the latest major U.S. company to shed worke...
Trading Giant Robinhood Laying Off Nearly a Quarter of Staff, Says Crypto Crash Partly to Blame
Retail trading giant Robinhood is laying off about 23% of its employees as trading activity on the platform declines. In a new statement, the firm’s CEO Vlad Tenev says that the company is slashing th...
Laying Off The Mega Pint; A Look At Celebrity Addiction And How We Can All Find Recovery
Actor Johnny Depp waits during a recess amid his defamation trial against his ex-wife Amber Heard, … [+] at the Fairfax County Circuit Courthouse in Fairfax, Virginia, on April 27, 2022. –...
NFT Marketplace OpenSea Laying Off 20% of Its Workforce Amid Crypto Bear Market
Ethereum-based non-fungible token (NFT) marketplace OpenSea is reacting to the crypto bear market by laying off one-fifth of its employees. In a new post, OpenSea CEO and co-founder Devin Finzer share...
Coinbase Says Its Laying Off Several Employees
Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – has announced it’s planning to lay off about 18 percent of its staff. This comes to about 1,100 people. Coinbase ...
Are Crypto firms Laying off employees, indicating a Crypto Winter?
Since the market crash followed the massive sell off of cryptocurrencies, crypto firms started facing difficulties even in general operations Operating under such tight market conditions is becoming t...
Binance actively hiring despite other exchanges laying off staff
Despite the arrival of the so-called crypto winter, crypto exchange Binance appears to be optimistic about its future, announcing it is continuing its hiring efforts while many other crypto exchanges ...
Crypto Lending Platform ‘BlockFi’ Announces Laying Off 20% Staff
6 hours ago | 2 mins read Defi News Coinbase and Gemini also chose to reduce the number of employees. The platform claims to have tried multiple ways to decrease losses. As a result of exceptionally c...
How Huobi is Laying the Foundation for Web3
The recently concluded Consensus 2022 festival in Austin, Texas, was an exhilarating showcase of the power and potential of everything crypto, offering the up-close networking opportunities that only ...
What is creating the Laying off situation in Crypto exchanges across the crypto space?
The laying off and job rescinding situation created within the crypto exchange sector has emerged as a concern among analysts. The booming and evolving cryptocurrency space attracts a highly-skilled ...
In The Midst Of The Bear Market Major Crypto Firms Are Reportedly Laying Off Up To 10% Of Its Workforce
According to a representative for the FTX crypto exchange, the company has not laid off any of its current 175 employees at the worldwide exchange or 75 employees at the FTX US, and has no plans to do...
Carvana laying off 12% of workforce, execs to forego salaries for rest of year
DETROIT — Online automotive retailer Carvana Co. says it’s letting go about 2,500 workers, roughly 12% of its workforce, as it tries to bring staffing and expenses in line with sales. The Phoenix comp...
Binance CEO Changpeng Zhao Laying The Pieces For An Epic Crypto Revolution ⋆ ZyCrypto
Advertisement     Binance’s CEO touched down in Brazil and has left a pretty interesting trail. The company acquired a brokerage in Brazil and unveiled plans to purcha...
Britain’s P&O Ferries broke the law in laying off 800 staff, boss says
Three P&O Ferries, Spirit of Britain, Pride of Canterbury and Pride of Kent moor up in the cruise terminal at the Port of Dover in Kent as the company has suspended sailings ahead of a “majo...