This story has been updated to provide correct figures for the number of states Curaleaf operates in; also the number of total employees at the company. Curaleaf said Thursday it has reduced its staff...
Tag: staff
Digital Currency Group’s Luno cuts 35% of staff
Luno, the crypto exchange owned by Digital Currency Group, reduced its workforce by 35%. The London-based firm told employees about the layoffs earlier today. Luno had a total headcount of 960, ...
Crypto Exchange Gemini Cutting Another 10% of Staff: Report
“It was our hope to avoid further reductions after this summer, however, persistent negative macroeconomic conditions and unprecedented fraud perpetuated by bad actors in our industry have left us wit...
Gemini Exchange lays off 10% of staff in 3rd round of cuts – Cryptopolitan
Gemini, the cryptocurrency exchange co-founded by Cameron and Tyler Winklevoss, announced that it would reduce its workforce by 10%. However, this is the third time Gemini has conducted layoffs in les...
Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues
(Bloomberg) — Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed. Most Read from Bloomberg In an internal...
Crypto Exchange Gemini Reportedly Cuts Down 10% of Staff
Despite the ongoing relief rally in the crypto market, negative news seems to be never-ending. The latest to make it to the headline today is Gemini, as the crypto exchange company has reportedly cut ...
Rishi Sunak’s old hedge fund boss, who paid himself $1.9 million a day last year, wants Alphabet to lay off more staff and slash pay
Britain’s highest-earning investor has called on Alphabet CEO Sundar Pichai to cut thousands more jobs than the tech giant announced it would eliminate last week. On Friday, Pichai announced the “diff...
Gemini lays off 10% of its staff amid Genesis and DCG lending crisis
Crypto exchange Gemini laid off 10% of its staff, The Information reported, citing a message that was sent to employees on Monday. Poor macroeconomic conditions and “unprecedented fraud...
Incoming Biden chief of staff Zients is nearly wealthy enough to buy the entire White House
Fixes story to reflect that Zients worked at Bain & Co. The person widely reported to be President Joe Biden’s next chief of staff has just about enough assets to swap it for the entire White Hous...
Google Staff Anxiety Runs High After 12,000 Colleagues Cut
(Bloomberg) — Google employees, after watching peers at rival tech firms lose their jobs en masse, were anxious about when layoffs would happen to them. Then on Friday morning, some of them coul...
This Chinese billionaire has lost over 90% of his fortune and analysts are worried about the future of his 200,000 staff
The chairman of an embattled Chinese real estate developer has seen his wealth drop from $42 billion to $3 billion as the country’s formerly hot property market continues to slow. Hui Ka Yan was...
Amazon Has Tough Choices – Closing Charity Programs, Cutting Staff, And Facing CEO Pay Pressure
Andy Jassy, chief executive officer of Amazon.Com Inc., Photographer: David Ryder/Bloomberg © 2021 Bloomberg Finance LP Amazon’s board may follow the example of many other tech companies moving to cut...
Why Crypto Software Company ConsenSys Is Sacking Nearly 100 Staff
New York City-headquartered ConsenSys, the crypto software firm and parent company behind MetaMask, is sacking 11% of its personnel, Reuters reported, Thursday. Even though 2023 is barely a month old,...
Disney CEO Bob Iger Requires Hybrid Staff To Return To The Office At Least Four Days A Week
Getty Images Key takeaways During the pandemic, roughly 18% of the workforce worked remotely. Despite worker preference for working from home, companies like Disney have demanded a return to the offic...
ConsenSys confirms 11% staff cut
Blockchain software company ConsenSys has laid off about 11% percent of its staff. The round of cuts affected a total of 96 employees, the firm said in a statement on Wednesday, confirming repor...
OSL Exchange Cuts Staff Due to Current Market Conditions
The Hong Kong-based crypto exchange OSL is reducing its headcount, but the country envisions becoming a crypto hub. The employees of the OSL exchange are the latest victim of the crypto winter, as the...
Fidelity-backed OSL cuts staff amid crypto winter
Hong Kong-based Fidelity Investments-backed crypto exchange OSL has joined the list of exchanges cutting down workforce to reduce overhead costs and stay afloat. Although the OSL didn’t immediately r...
Fidelity-Backed Crypto Platform Cuts Staff Due to Market Pressure
OSL, a Hong Kong-based digital asset exchange, is cutting roughly a third of its costs following months of turbulence in the crypto market. That includes staff cuts – though the firm did not reveal h...
Chinese hospital says half of its staff got Covid
Locals line up for medical treatment at the Beijing Hospital of Traditional Chinese Medicine on June 1, 2022. CFOTO | Future Publishing | Getty Images BEIJING — About half of the nearly 2,000 workers ...
Coinbase Lays Off 950 Staff, Cuts Operational Costs By 25%
Coinbase is cutting an additional 950 staff as part of cost-saving measures that will see its operational expenses shrink by a quarter. The move was announced by CEO Brian Armstrong in a Tuesday morni...
Coinbase to wind down Japanese operations amid global staff cuts
Coinbase is closing down a majority of its operations in Japan and laying off staff located there, according to Bloomberg News. On Jan. 11, Coinbase’s Vice President for Business Development, Nana Mur...
Coinbase Slashes 20% of Staff in the Third Round of Layoff
In its third round of layoff, Coinbase slashes 950 employees. This is to tackle economic conditions that affected the industry in the bear market. Coinbase will close projects that have a lower probab...
Coinbase Continues Staff Layoffs Citing ‘Ongoing Market Conditions’ ⋆ ZyCrypto
Advertisement     Coinbase announced Tuesday that it plans to lay off 950 staff members, about 20% of its workforce, to reduce costs – according to an internal memo. T...
Amazon’s Fresh Stores Likely To Suffer Amid Amazon Staff Cuts
(Photo by Niklas HALLE’N / AFP) (Photo by NIKLAS HALLE’N/AFP via Getty Images) AFP via Getty Images There are seven AmazonAMZN AMZN “Zombie” stores that appear to be ready to open but sit ...
Coinbase to cut 20% of staff in latest round of layoffs
Coinbase has implemented another round of layoffs, affecting 950 employees and reducing its operating expenses by 25%. After examining the firm’s prospects for 2023, Coinbase CEO Brian Arm...
Crypto-asset manager Osprey Funds lays off most of its staff: Report
Digital asset manager Osprey Funds has reportedly laid off most of its staff since the summer of 2022, underscoring the ongoing operational challenges posed by crypto’s enduring bear market. Yahoo Fi...
Twitter axes international staff in charge of global content moderation
Ella Irwin, Twitter’s vice president of trust and safety, told reporters that the social media giant had slashed some of its trust and safety staff last week due to slow volume growth. Twitter has rep...
Twitter Cuts International Staff Overseeing Global Content Moderation
The company’s vice president of trust and safety, Ella Irwin, told reporters that Twitter made some cuts in the trust and safety team on Friday night due to low volume growth. Social media giant Twitt...
Wintermute Made Staff Members Into Millionaires Before Market Collapse
Join Our Telegram channel to stay up to date on breaking news coverage Wintermute, one of the fastest-growing crypto funds in the world, made its employees millionaires before the latest market crash ...