The company has at least 77 roles open, with 34 focused on engineering. Amid massive industry-wide layoffs, Ripple continues its hiring spree, again focusing on engineering. “We’re looking for talente...
Tag: layoffs
More Crypto Firms Threatened With Layoffs and Bankruptcies
The stablecoins crisis is having a ripple effect on the crypto industry. Events in 2022 exposed how intertwined stakeholders have become in the crypto industry. Large crypto firms are taking drastic m...
DocuSign Layoffs Sees Company Slashing 10 Percent More Of Workforce
(Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images DocuSign has made a statement on its second round of layoffs, reducing its hea...
Gemini Exchange Engages in More Layoffs
The Gemini exchange, which is based in New York and run by Cameron and Tyler Winklevoss of “The Social Network” fame, is laying off another ten percent of its workforce and reducing its headcount by e...
Layoffs Hit Solana NFT Marketplace Magic Eden, Sheds 22 Employees
Magic Eden, the top marketplace for Solana NFTs, announced the layoff of 22 employees late Monday, citing company-wide restructuring as the wider crypto economy continues to grapple with a harsh winte...
Crypto market maker GSR makes further layoffs as bear market bites
Crypto market maker GSR has implemented further layoffs, impacting between 5% and 10% of staff, according to three sources with knowledge of the situation. The cuts are closer to 5% than 10%, sa...
Ford to cut 3,800 jobs in Europe in shift to electric vehicle production
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC Automaker Ford on Tuesday said it intends to cut 3,800 jobs in Europe over the next three years to adopt a “leaner” s...
Tech Layoffs Hit H1B Visa Workers Hard
When she lost her job at Google last month, Jingjing Tan started worrying about her dog, an energetic, 75-pound German shepherd. As a foreign worker living in the U.S. on a temporary work visa, if she...
There’s a surprising culprit behind mass layoffs, says a prominent management professor at Wharton
Good morning, Most bosses blame layoffs on economic downturns, a decline in demand for services, or even overhiring. But one Wharton professor has a different view: It’s how U.S. accounting rule...
Disney announces layoffs, reorganization, cost cuts
Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three...
2023 Layoffs: Disney To Cut 7,000
Disney unveiled plans on Wednesday to lay off as many as 7,000 employees in a massive restructuring plan, following major layoffs at Zoom, eBay, Boeing and Dell—the latest U.S. companies to reduce the...
2023 Layoffs: Zoom Cuts 1,300 Jobs
Zoom—which took off as employers quickly pivoted to remote meetings during the Covid-19 pandemic, announced plans on Tuesday to cut 1,300 employees—becoming the latest U.S. company to implement job cu...
A Clear Target Emerges in Tech Layoffs: Middle Managers
(Bloomberg) — As Meta Platforms Inc., Alphabet Inc. and other Silicon Valley behemoths look to lighten payrolls after years of feverish hiring, a clear target has emerged: the middle manager. Mo...
Dell announces layoffs to ‘be ready when the market rebounds’
Dell Technologies Inc (NYSE: DELL) is in focus this morning after the computer company joined its tech peers and announced layoffs. Dell to cut 5.0% of its workforce On Monday, an SEC filing confirmed...
Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn – Bitcoin News
Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasi...
Blockchain.com Is Next Crypto Firm to Initiate Layoffs
Digital currency firm Blockchain.com has announced it’s going to be laying off approximately 25 percent of its staff, which amounts to about 150 separate people at the time of writing. The company is ...
Crypto companies cut staff in latest rounds of layoffs
Crypto companies laid off at least 3,000 employees in January, citing market conditions and the post-FTX regulatory landscape. Let’s review which businesses announced the cuts. Last year, companies cu...
More Than 81,000 Employees Laid Off In Major U.S. Layoffs In January
Topline More than 81,000 employees lost their jobs in major U.S. layoffs in January alone—the most in any one month since Forbes started tracking layoffs last summer—including major cuts at Amazon, Go...
Amazon posts a Web3 job, Kraken shuts down Abu Dhabi office, Bittrex announces layoffs – Cryptopolitan
In the past 12 hours, three stories have hit the crypto market, each impacting the market. The stories include Amazon posting a job for Web3, Kraken shutting down its Abu Dhabi office, and Bittrex ann...
PayPal, HubSpot And Workday Are The Latest To Announce Mass Layoffs
(Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Key takeaways PayPal, HubSpot and Workday all announced on the same day combi...
FedEx lays off 10% of officers and directors amid cooling demand
Raj Subramaniam, FedEx Corporation, speaks at the U.S. Chamber of Commerce Aviation Summit in Washington, D.C. on March 5, 2020. Kristoffer Tripplaar | Sipa via AP Images FedEx is cutting more than 10...
Leadership Wisdom From A Broadway Star
“Almost Famous” marquee, pictured January 28, 2023 Eric Pliner, 2023 On December 20th, producers of Almost Famous announced the closure of the Cameron Crowe-penned Broadway musical based o...
Opinion: Zuckerberg and Intel are shipping the proceeds from their layoffs straight to Wall Street
For years, Wall Street groused about Silicon Valley’s refusal to pay dividends and buy back stock as tech companies grew into cash-generating machines. That is no longer a problem, even though those t...