Bitpanda, a crypto exchange with its headquarters in Austria, has revealed that it is cutting down its staff strength. This is not surprising as major crypto-related firms and exchanges have followed ...
Tag: Lays
Coinbase-Backed Indian Crypto Exchange Vauld Lays Off 30% Workforce Coinbase-backed Indian Trading Platform Vauld Lays Off 30% Workforce
The extreme pullback in the cryptocurrency market in the past few months has forced Coinbase, Bybit, and CryptoCom to reduce headcount. Now Indian trading platform Vauld has joined the league and anno...
Netflix Lays Off 300 More Employees Amid Subscriber Losses
Topline Netflix laid off 300 employees in a second round of cuts Thursday and confirmed plans to offer a cheaper ad-supported subscription tier, amid financial troubles after the streaming site lost h...
Netflix lays off 300 more employees as revenue growth slows
Netflix’s revelation that it lost 200,000 subscribers in the first quarter put further pressure on an already beleaguered tech sector, but top tech analyst Mark Mahaney believes the current weak...
JPMorgan Lays Off Home Lending Employees As Housing Market Cools
Topline JPMorgan Chase—the nation’s largest bank—laid off hundreds of home lending employees Wednesday, Bloomberg reported, as rising mortgage rates and increased inflation continue to cool a once-hot...
Coinbase Lays Off One-Fifth Of Employees Amid Falling Market Prices
Following major selloffs, the cryptocurrency market has lost billions of dollars in recent weeks. To deal with the current recession, certain exchanges, including Coinbase, Gemini, and Crypto,com, hav...
After Coinbase and CryptoCom, Bybit Lays Off Employees Amid Market Pullback
Bybit has joined other crypto companies in reducing their staff following the massive market-wide retracements. Previous such examples included Coinbase, CryptoCom, and BlockFi. At the same time, the ...
Crypto.com Lays Off 5% of Corporate Staff, Citing ‘Market Downturn’
Crypto.com will lay off 260 people, or 5% of its corporate workforce, as the markets continue to head into a downturn, CEO Kris Marszalek said in a tweet on Saturday. In a Twitter thread, Marszalek de...
Coinbase Lays Off 1,100 People In Preparation For Prolonged Bear Market ⋆ ZyCrypto
Advertisement     It has already been a challenging couple of months for the crypto sector and nobody is feeling the heat more than crypto-related employees who have b...
Coinbase Lays Off 1,100 Employees—Billionaire CEO Warns Recession Could Worsen Impact Of $1 Trillion Crypto Crash
Topline The billionaire chief of popular crypto-brokerage Coinbase on Tuesday announced plans to lay off about 18% of the company’s workforce to lower costs ahead of a potential recession, joini...
Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’
Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workf...
BlockFi Lays Off 20% of its Staff Amid Market Pullback
Centralized crypto exchange and lending platform BlockFi joined Geminis, CryptoCom, and other digital asset firms in massively trimming its staff size in the light of a downtrend wave storming the ind...
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down – Coinotizia
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The compa...
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down – Bitcoin News
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The compa...
Crypto exchange Gemini lays off 10% of its staff
US-based crypto exchange operator Gemini slashed about 10% of its work force, founders Cameron and Tyler Winklevoss wrote in a blog post published today. Gemini did not disclose the number of employee...
Gemini Joins the Bandwagon, Lays Off 10% of Workforce
Gemini, the cryptocurrency exchange founded by twin brothers Tyler and Cameron Winklevoss has shed off as many as 10% of its entire workers. The news was broken by the twin founders who made public a ...
Gemini Lays Off 10% of Staff to Prepare for Crypto Winter
Lagging crypto markets have landed another blow on the industry’s workforce. Gemini Trust Co. is laying off 10% of staff in an effort to help the firm weather “crypto winter,” billionaire brothers Ty...
BNB Chain Lays out its Future Plan Focusing on Decentralization and Interoperability
To address the criticism of centralization over its Binance Smart Chain (BSC), Binance in February announced the merge of BSC and BNB Beacon Chain (previously known as Binance Chain) to form the Build...
Crypto exchange Bitso lays off 80 employees, CoinDesk reports
advertisement Latin American crypto exchange Bitso laid off 80 members of staff on Thursday, CoinDesk reported. Bitso had more than 700 employees before the layoffs and still lists more than 60 open ...
Crypto Exchange Bitso Lays off Over 10% Employees
South American trading platform Bitso announced the decision by laying off 80 employees for maintaining its long-term business strategy. The reason for the layoffs is not regarding lack of funding, th...
Crypto Analyst Lays Out Plan for Bitcoin Breakout, Says One Ethereum Rival Is Ready for Longs
Widely followed crypto analyst Michaël van de Poppe says a breakout is coming relatively soon for Bitcoin (BTC). The crypto trader tells his 604,900 Twitter followers BTC is on the verge of a rebound ...
U.S. Department of Justice Lays First Criminal Crypto Sanctions Charge
The U.S. Justice Department has opened its first criminal case of sanctions evasion using cryptocurrencies, according to a federal judge. An unnamed American citizen is now being accused of sending $1...
Terra’s Do Kwon Lays Out Plan to Revive Embattled Network
Alex Dovbnya Do Kwon has introduced his plan to revive the embattled cryptocurrency project In a recent post published on a Terra-related forum, Do Kwon has laid out his plan to revive the embattled b...
ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’
The European Central Bank (ECB) continues pushing its central bank digital currency (CBDC) project despite Europeans apparently not feeling too positive about a digital euro. The ECB released another ...
Elon Musk lays out Twitter hiring plans after job interest skyrockets on the back of his takeover bid
Current Twitter employees have shared concerns over potential culture changes at the company after Elon Musk moved to take it over. But by some metrics, job interest in the company has skyrocketed sin...
Crypto Exchange LBank Lays Its Global Footprint in Pakistan, Host Iftar Event
LBank, the world’s leading digital asset exchange platform with the largest global footprint, is pleased to announce the first LBank Crypto Iftar in Pakistan held on April 22, 2022 in Islamabad, Pakis...
Robinhood Lays off Staff as Stock Price Slumps to New Low
Robinhood is axing 9% of its 3,800-strong workforce as retail investment declines and zero-fee stock trading becomes the industry norm. Once seen as a champion of small investors largely ignored by tr...
Robinhood Lays Off 9% Workforce, Shares drop
Robinhood is laying off 9% of its full-time workforce, CEO Vlad Tenev announced, as the shares of the company’s stock hit a new low. Tenev, in a blog post, said that the lay-offs came after a he...