Australian Crypto Firm Banxa Announces 30% Personnel Layoff

Banxa will allegedly reduce its workforce from 230 to 160 personnel. European Managing Director Jan Lorenc plans to depart the business in European market. According to Banxa, a crypto payments servic...

Following Aftermath of Recent Slump Bitpanda Announces Workforce Layoff

18 seconds ago | 2 mins read Exchange News The firm is it is cutting its workforce from 1,000 to 730. The rapid pace of recruiting was a miscalculation and unsustainable as per the firm. Crypto indust...

Tesla Faces New Lawsuit from Former Employees Over Mass Layoff Ethics

Ex-Tesla employees have served a class-action lawsuit against the company for carelessly handling its recent staff downsizing process. A duo of former Tesla (NASDAQ: TSLA) employees recently filed a l...

BitOasis joins layoff spree, firing 5% of staff

? Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto exchange platform BitOasis joined in the firing spree and let go of 9 employees, representing 5% of its staff. BitOasis...

Coinbase Announces Massive Layoff of 1,100 Staff Following Market Conditions

4 hours ago | 2 mins read Exchange News Earlier this month, Coinbase announced that it would be extending its hiring freeze. Shares of Coinbase have fallen almost 7% on the announcement. CEO and Cofou...

Coinbase to layoff 1,100 employees after petition against executives

? Want to work with us? CryptoSlate is hiring for a handful of positions! Coinbase CEO Brian Armstrong on June 13 announced the decision to cut the company’s workforce by 18%, which according to The W...

Coinbase CEO Announces 18% Layoff Amid Impending Recession

Brian Armstrong – CEO of Coinbase – today announced his decision to reduce the size of the company’s team by 18%. Every Coinbase employee has now been issued a letter informing them of whether they’ve...

Top Chinese venture capital firm Hillhouse beats back lay-off rumours after portfolio hit by plunging tech stocks

China’s top private equity firm Hillhouse Capital, a major investor behind Big Tech firms like Tencent Holdings and Meituan, denied rumours of large-scale lay-offs on Wednesday amid a slowing ec...