Celsius CEO Alex Mashinsky “took control” of the firm’s trading strategy in January on a hunch that the US Federal Reserve would raise interest rates, according to a report by the Financia...
Tag: staff
HBO Max cuts 14% of staff mainly in casting, acquisitions and reality TV
David Zaslav, President and CEO of Warner Bros. Discovery talks to the media as he arrives at the Sun Valley Resort for the Allen & Company Sun Valley Conference on July 05, 2022 in Sun Valley, Id...
Person Who Reportedly Tipped Off FBI To Mar-A-Lago Documents Was Likely ‘Very Close’ To Trump, Former Chief Of Staff Suggests
Topline A close associate of former President Donald Trump may have tipped the FBI off to the documents at Mar-A-Lago that sparked the agency’s raid on Monday, Trump’s former chief of staff suggested ...
SEC Investigating Binance And Other Exchanges, Says Senator Lummis Staff
Binance, the world’s largest cryptocurrency exchange, is facing legal risks such as accusations of money laundering and illegal securities offerings, as the Securities and Exchange Commission (SEC) is...
Baidu’s robotaxis don’t need any human staff in these parts of China
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu said Monday it has become the first robo...
Revolut Planning to Increase Crypto Staff by 20% During Bear Market
The British fintech firm Revolut plans to increase crypto-focused staff by 20% across the U.K., U.S., and Europe over the next six months. It is now advertising for 13 industry-related roles, includi...
Robinhood’s CEO to eliminate 23% of staff, says, “This is on me.” –
Robinhood, an online brokerage company, will eliminate approximately one-fourth of its working staff The reason for this step mentioned a huge crypto market collapse. On Tuesday, the chief executive ...
Robinhood lays off 23% of staff
Robinhood had announced at the beginning of the year a layoff of 9% of staff, which will now be followed by an additional 23% in defections. New staff cuts at Robinhood Robinhood’s human resources suf...
Robinhood cops $30m fine after failing to hire enough staff
The crypto arm of trading and investment app Robinhood (RHC) has been fined $30 million by New York authorities after it failed to properly invest in its workforce, processes, and resources, leading t...
Crypto trading platform Robinhood cuts staff…
The so-called “crypto winter” continues to bite deep into the sector, as crypto trading platform Robinhood becomes the latest to divest itself of staff as its revenues plummet. Robinhood, the one time...
Robinhood Axes 23% of Staff, Cites “Broad Crypto Market Crash”
Share this article Robinhood CEO Vlad Tenev said the layoffs were concentrated in its operations, marketing, and program management departments. Another Robinhood Staff Cut Robinhood is letting go o...
Robinhood Lays Off 23% of Staff a Day Before Earnings Report
Laid off employees will have the option to stay until Oct. 1, 2022 with full pay and benefits HOOD was trading about 4.5% lower in after-hours trading Tuesday Robinhood has shed 23% of its staffers, t...
VR Helps Surgeons, 100 Medical Staff Separate Fused Brains Of Conjoined Twins
VR (Virtual Reality) is no longer the stuff of gaming and other forms of entertainment. It is also now used in more serious things, like saving lives. Thanks to the use of high-tech headgear and advan...
Google chief warns bloated staff of ‘real concerns’ over productivity
Between slowing revenue growth and an increasingly murky outlook for tech companies in general, Google is tasking its employees to put in harder shifts at work. Amid a larger market downturn over the ...
CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60%
Cryptocurrency exchange CoinFLEX said it had downsized a “significant number” of team members in an effort to cut operating costs. According to a Friday blog post, CoinFLEX said it had cut some staff ...
CoinFLEX Cuts Down on Staff Strength Amid Stability Woes
Updating its users on the latest for the week, cryptocurrency exchange CoinFLEX has announced that it is cutting down on its staff strength. The retrenchment process will run across its various depart...
CoinFlex cuts staff amid plans to reduce costs 1
CoinFlex has announced that it is cutting its workers to eliminate excess costs amid the dwindling crypto market. In a blog post that was culled off the exchange’s official website, the exchange annou...
Amazon Shrinks Staff by 100,000, Joining Netflix and Google in Hiring Slowdown
(Bloomberg) — With recession fears mounting—and inflation, the war in Ukraine and the lingering pandemic taking a toll—many tech companies are rethinking their staffing needs, with some of them ...
CoinFLEX Makes “Significant” Staff Cuts Due to Recovery Costs
Key Takeaways CoinFLEX says that it will layoff a portion of its workforce due to the costs of distributing its composite asset. By next week, the company expects to have data on how much of the CoinF...
NFT Startup Immutable Lays off Staff Despite Boasting of Growth Plans
Australian tech startup Immutable has laid off a number of employees, including senior designers, just months after securing a $200 million funding round. CNET revealed that despite staff cuts and war...
Crypto Game Studio Immutable Lays off Over 20 Staff – crypto.news
Immutable, a crypto gaming startup valued at $2.5 billion, laid off at least 20 employees on Tuesday morning, including core members of its NFT trading card game, Gods Unchained. Immutable Announces N...
European banking regulator sees ‘major concern’ in retaining staff to handle crypto: Report
The chair of the European Banking Authority, or EBA, a European Union agency that regulates banking activities, has reportedly expressed concern that a dearth of talent experienced in the crypto space...
Pantera’s general counsel joins CFTC staff as commission work recenters around crypto
A former legal leader from the crypto world is joining the Commodity Futures Trading Commission (CFTC). On July 26, CFTC Commissioner Christy Goldsmith Romero announced that she has hired Joseph Cise...
Vox Media cuts staff, slows down hiring as recession fears grow
Jim Bankoff, chairman and chief executive officer of Vox Media Inc. David Paul Morris | Bloomberg | Getty Images Just a month ago, media executives expressed optimism that their companies were well po...
Gods Unchained Developer Slashes Staff Despite Hiring Spree Hype
Immutable’s CEO reportedly told employees the startup is in a “fantastic position” just before layoffs He told Blockworks last month that GameFi projects aren’t affected by the wider crypto market dow...
European crypto regulator raises concerns over finding qualified staff
The European Banking Authority (EBA), the entity mandated with regulating cryptocurrencies in the region, has raised concerns over its ability to carry out the task citing a lack of staff and logistic...
Shopify Will Cut 10% of Its Staff, With Most Workers Gone by Day’s End
(Bloomberg) — Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce Tuesday, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly comin...
Vauld Crypto Exchange Is Next to Lay Off Staff Members
Another cryptocurrency exchange is saying goodbye to many of its staff members. Vauld – which is based in New Delhi, India – says that roughly 30 percent of its staff will be relieved of their duties ...
After Dismissing Staff, Compass Mining Deploys 25,000 Additional ASIC Miners
The American-based bitcoin miner – Compass Mining – intends to add 25,000 ASIC miners to its facility in Granbury, Texas. The deployment is scheduled for August as it will be supported by Compass’ par...
Blockchain.com Cuts 25% of Staff Citing Harsh Market Conditions
Cryptocurrency firm Blockchain.com is laying off 25% of its staff, equating to about 150 roles according to reports by CNBC. The company is said to have had significant exposure to the now bankrupt cr...
Compass Mining to add 25,000 ASIC miners just weeks after staff cuts
Mere weeks after announcing staff lay-offs and salary cuts, Compass Mining has unveiled expansion plans in the form of a 75 megawatt (MW) hosting partnership with Compute North for its data center in ...