Topline London’s Heathrow Airport has told airlines to stop selling tickets this summer in order to keep passenger numbers at manageable levels, chief executive John Holland-Kaye announced on Tuesday,...
Tag: staff
Rivian planning layoffs that could target about 5% of staff, report says
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle startup Rivian Automo...
Compass Mining cuts staff by 15%, reduces salaries for senior employees
Bitcoin mining company Compass Mining is letting go of 15% of its team. The miner is also cutting salaries and spending, according to a statement on Thursday. Pay cuts to senior employees and the exec...
Compass Mining retrenches 15% of staff, execs to take major pay-cuts
Ongoing strife in the cryptocurrency space has forced Compass Mining to lay off 15% of its employees while top executives and staff take major pay-cuts. The firm announced its decision to downscale it...
Compass Mining Cuts Staff by 15% After Departure of Two Key Executives
US-based Bitcoin mining hosting service Compass Mining has become the latest company to reduce its workforce to survive and operate amid the ongoing cryptocurrency market downturn. In a letter to empl...
Compass Mining to Cut Salaries, Spending and 15% Staff
Compass Mining said that it is cutting salaries, spending and 15% of its team. The Bitcoin mining company also stated that pay cuts were up to 50% for senior employees and the executive team. “W...
Bitcoin Mining Company Compass Cuts Staff by 15%
Compass Mining announced today that it would reduce staff by 15% and reduce compensation for executives by up to 50%. “Today, we have made the difficult decision to reduce the size of the Compas...
Compass Mining Cuts 15% of Staff, Lowers Executive Compensation
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Bullish.com to Layoff Staff amid Market Downturn
Cryptocurrency exchange Bullish.com has joined other crypto companies in making layoffs to tackle the massive market downturn. According to The Block, a source said that less than 30 Bullish staff mem...
The Kansas City Chiefs Have Reshuffled Their Defensive Coaching Staff
Formerly the Kansas City Chiefs defensive line coach, Brendan Daly talks to Frank Clark during a … [+] game against the Detroit Lions in 2019. (Photo by Jorge Lemus/NurPhoto via Getty Images) Nu...
Celsius cuts 25% of its staff as the crypto winter snowballs
Celsius, a struggling crypto firm, has fired 150 workers. According to the latest reports, this represents a quarter of its staff. According to CalCalistech.com’s report, those dismissed include peopl...
No mass layoffs said Bitpanda, three weeks before axing third of staff
Cryptocurrency and commodities trading platform Bitpanda told its employees it would not resort to mass layoffs amid the economic downturn, just three weeks before a big employee cull. According to a ...
Tesla to Close San Mateo Office as 200 Staff Prepares to Lose their Jobs
American multinational electric vehicle manufacturing company, Tesla Inc is set to shut down its office in San Mateo, a move that will cost 200 of the EV maker’s staff to lose their jobs. As reported ...
Huobi Crypto Expected To Cut Down 30% Of Its Staff Due To Drop In Revenue
Most crypto product and service companies have seen huge revenue drop with the recent trend of events. In addition, the persisting bear market has dealt a devastating blow to several operational activ...
Australian Crypto Firm Banxa to Cut Staff by 30% Citing ‘Another Crypto Winter’
Banxa, a crypto payments operator, announced that it would lay off 30% of its staff to reduce operating costs amid the ongoing bear market. “Banxa must take decisive actions to reduce costs now,...
Huobi to Reportedly Lay Off at Least 30% of Staff Citing Sharp Revenue Drop
The current cryptocurrency downturn is taking its toll and yet another exchange appears to be facing serious challenges. Huobi – a platform that used to be very prominent in china – will reportedly la...
Australian crypto trading firm Banxa to lay off almost a third of its staff: AFR
Banxa, an Australian crypto payment firm, has announced that it will reduce its staff numbers by 30% amid the ongoing bear market conditions, the Australian Financial Review reported on Monday. Accord...
Australia’s Crypto Processing Firm Banxa to Lay off One-Third of its Staff
Australian cryptocurrency payments processing firm Banxa Holdings has disclosed its plans to retrench almost a third of its staff, making the headlines as one of the platforms to explore this route in...
Crypto Payment Channel Banxa Reduces Its Staff By 30% To Survive Crypto Winter
The cryptocurrency market has been facing a second bloodbath without any gap for the first time in history, disrupting the blockchain industry to a vast extent. Consequently, crypto-oriented businesse...
Aussie Crypto Operator Lays off 40% of Staff Citing Crypto Winter: Report
The Australian cryptocurrency operator – Banxa – believes the ongoing bear market will be present for at least another year, which is why the company decided to dismiss almost half of its employees. P...
Peter Thiel-Backed Bitcoin Trading Platform Bitpanda Cuts Staff
As crypto winter sets in, Web3 companies are finding themselves in the difficult position of cutting staff. During a company call earlier today, Vienna, Austria-based Bitpanda announced that it would ...
Bitpanda Sacks A Third Of Staff As Crypto Trading Platform Scales Down
Bitpanda, an Austria-headquartered cryptocurrency trading platform, revealed in a blog post on Saturday that it is reducing its employees to maintain sustainability. As crypto winter starts, Web3 comp...
Despite Crypto Market Slowdown, Bitfinex and Tether Looking to Hire Staff
Bitfinex and Tether said that as they continue to grow and make profits along the way, they could continue more hiring more talent. The massive meltdown in the crypto space has been severely hurting i...
Bybit Becomes the Latest Exchange to Retrench its Staff
Bybit trading platform has joined the list of cryptocurrency exchanges that have revealed plans to lay off their staff in a bid to reposition their businesses amid the ongoing crypto market slump. T...
Middle East Crypto Exchange, BitOasis, Cuts 5% Of Its Staff Citing Recession and Market Turmoil
As the bear market spreads, more cryptocurrency exchanges are joining the wave of mass layoffs, even though some analysts suggest that the bottom might be in. On June 19, BitOasis, a cryptocurrency ex...
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...
Terraform Labs Staff Banned From Leaving South Korea: Report
Key Takeaways According to a Monday JTBC report, Terraform Labs employees have been banned from leaving South Korea while the investigation of Terra’s blowup is still ongoing. One former Terra d...
US Senators In Tandem With The Disapproval Of Camouflaged Regulation In SEC Staff Accounting Bulletin
Bill Hagerty, a United States Senator has sent a letter, which four other Republican Senators also signed, to the Securities and Exchange Commission (SEC) chair Gary Gensler and implused the withdrawa...
Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
United States Senator Bill Hagerty has sent a letter, cosigned by four other Republican senators, to Securities and Exchange (SEC) Commission chair Gary Gensler urging the withdrawal of a staff accoun...
Kraken exchange is hiring new staff as other companies lay off staff
Kraken, one of the world’s largest cryptocurrency exchanges, is planning to fill more than 500 positions in different departments amid the market turmoil. The hiring of new staff by the exchange is di...
Coinbase is ready to lay off 18% of staff- The Cryptonomist
On Tuesday, the CEO of Coinbase announced that the company will be forced to drastically reduce the number of its employees. Coinbase and the 18% cut in human resources In a Twitter statement, the CEO...