FTX to reorganize, new CEO seeks support from staff during company conference call

FTX’s new CEO John Jay Ray III called on staff to rally together during an all-hands meeting after last week’s bankruptcy protection filing, people who were on the call told The Block.  &#...

Elon Musk Tells Twitter Staff Economic Picture Ahead Is Dire — ‘Bankruptcy Isn’t Out of the Question’ – Coinotizia

Tesla CEO and Twitter chief Elon Musk has informed Twitter employees that the company’s “economic picture ahead is dire.” Noting that “bankruptcy isn’t out of the question,” the billionaire stressed t...

Elon Musk Tells Twitter Staff Economic Picture Ahead Is Dire — ‘Bankruptcy Isn’t Out of the Question’ – Featured Bitcoin News

Tesla CEO and Twitter chief Elon Musk has informed Twitter employees that the company’s “economic picture ahead is dire.” Noting that “bankruptcy isn’t out of the question,” the billionaire stressed t...

Elon Musk Sends First Email to Twitter Staff, Bans ‘Work-from-home’ Culture

New Twitter owner Elon Musk recently sent his first company-wide email to staff, halting remote work culture.  Elon Musk has issued the first general email to Twitter employees as the new owner and CE...

FTX Staff Lost ‘Significant Portions’ of Net Worths on Exchange

The meltdown of crypto exchange FTX is heavily impacting markets — but on a more personal level, employees who believed they worked for one of the most credible crypto platforms are reeling. Zane Tack...

Musk Tells Staff Twitter Could Go Bankrupt Without Financial Turnaround, Reports Say

Topline Twitter’s new owner Elon Musk told staff in an all-hands meeting Thursday the company has financial problems so serious that “bankruptcy is not out of the question” if it doesnR...

Bankman-Fried’s message to staff over FTX crisis is leaked; Here’s what it says

Amid the recent crisis that has wreaked havoc across the entire cryptocurrency market, slashing its market capitalization and, among many others, the price of its largest asset, Bitcoin (BTC), an inte...

In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal

Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, warned users its intention to acquire FTX may invite scrutiny from global regulators — but the firm is ready. In a letter to Binance staff twee...

FTX Legal Staff Quit En Masse Amid Binance Assessment

FTX Staff Quit News Updates: Amid a difficult scenario at FTX with the liquidity crisis, the company has news issues to deal with. According to latest reports, a majority of FTX’s employees in some im...

FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals – Bitcoin News

According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawa...

FTX US Want Staff To Relocate To Miami, Leaving Mayor Francis Suarez Beaming With Smiles ⋆ ZyCrypto

Advertisement &nbsp &nbsp FTX US is pushing its staff to relocate to Miami, the firm’s new hub. The company has strong ties with Miami and is the exclusive crypto partner of t...

Nomura Unit Preparing to Trade Crypto, Boost Staff by 45%

The crypto unit of Nomura — one of Japan’s largest banks — aims to grow its team to 55 over the next three months by capitalizing on talent in the world’s top financial cities.  Laser Digital, establi...

Meta to Lay Off Thousands of Staff From This Week, WSJ Says

(Bloomberg) — Meta Platforms Inc. is planning to begin layoffs that will affect thousands of workers from this week, Wall Street Journal reported, citing people with knowledge of the matter. Mos...

Meta prepares to layoff thousands of employees this week: WSJ

Meta intends to cut thousands of employees in the second week of November, the Wall Street Journal reported, citing people familiar with the matter. With over 87,000 employees at Meta, the layof...

OCC makes its staff available for fintech-related discussions

The United States Office of the Comptroller of the Currency, or OCC, has announced its representatives will be available on a one-to-one basis to discuss financial technology. In a Nov. 3 announcement...

Do Kwon Ordered A Staff To ‘Doctor’ LUNA’s Price, South Korean Prosecutors Claim

Do Kwon, the co-founder and Chief Executive Officer (CEO) of Terraform Labs, is now in hotter water following a crucial discovery made by South Korean prosecutors that could undermine his claims of in...

White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong – Economics Bitcoin News

White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said the...

Moonvember kicks off with sweeping staff layoffs across crypto

The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note, some are bucking the trend. Crypto companies, includi...

Dapper Labs Slashes Staff by 22 Percent, Citing ‘Macroeconomic Environment’

Roham Gharegozlou, Founder and CEO of Dapper Labs, announced late Wednesday that the well-known Web3 studio has reduced its team size by 22%. “These reductions are the last thing we want to do, ...

Twitter facing lawsuit over staff layoffs, Dogecoin sinks 9%

Twitter is facing a class-action lawsuit over its plans to cut 50% of its workforce following Elon Musk’s takeover of the social media platform, Bloomberg News reported on Nov. 4. Since taking charge,...

BitMEX To Cut Staff By 30% After CEO Resigns

After a week BitMEX CEO Hoptner resigns, company decides to reduce its staff by 30%. Array of many companies who smashed the same move to tackle crypto winter. But Binance goes against the flow.  BiME...

Major Cryptocurrency Companies Have to Fire Most of Their Staff, What’s Happening?

Arman Shirinyan Biggest companies on market have no other choice but to cut their expenses The digital assets industry got hit with a series of huge layoffs at major crypto-related companies like BitM...

US Senators Question SEC Why Its Staff Is Quitting at Highest Pace in 10 Years – Regulation Bitcoin News

Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts to ram through hurried rulemaking without proper analysis, deliberat...

Dapper Labs Cuts 22% of Staff as NFT Market Craters

At the same time, on-chain data shows that market interest in Dapper Labs’ products is declining, following a broader trend of investors shying away from NFTs. On NBA Top Shot, October sales vol...

NFT Giant Dapper Labs Lays off 22% of Staff Citing Macroeconomic Environment

Web 3 companies are feeling the crunch of a bear market. The latest one to announce slashing its team size to cope with the deteriorating economic conditions is NFT powerhouse Dapper Labs. Citing the ...

BitMEX Cuts Staff as It Looks to Pivot Back toward Derivatives Trading

That BitMEX is cutting off some of its staff is not a peculiar move as it is an industry-wide trend. BitMEX cryptocurrency trading platform has retrenched some of its staff as it looks to cut its cost...

Wells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapse

Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns the lender will need to cut more employees as the U.S. housing slump deepens. The bank h...

Digital Currency Group Promotes Mark Murphy to President, Cuts Nearly 13% Staff: Report

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...

Galaxy Digital, BitMex, DCG announce staff cuts

Crypto companies Galaxy Digital, BitMex, and Digital Currency Group (DCG) announced staff cuts to deal with the adverse state of the market, according to crypto reporter Wu Blockchain. Layoffs Galaxy ...

Elon Musk Reacts To Pranksters Pretending To Be Twitter Staff

Elon Musk Reacts To Pranksters Pretending To Be Twitter StaffElon Musk Reacts To PrankstersOctober 29, 2022A couple of pranksters fooled the media yesterday when they pretended to be laid off Twitter ...

Elon Musk Won’t Layoff 75% Twitter Staff

Tesla CEO Elon Musk on Thursday said he would not lay off 75% of Twitter employees after the completion of the $44 billion deal. Musk denied previous reports of planning to cut Twitter staff during an...

Elon Musk Is In Twitter’s Office and Will Address Staff Friday

(Bloomberg) — Elon Musk made his presence felt at Twitter’s San Francisco headquarters Wednesday, posting a video clip of himself walking into the offices carrying a kitchen sink and changing hi...