Ben Zhou, co-founder and CEO of Bybit, revealed a reorganization plan that includes a drastic reduction in the company’s workforce in response to the ongoing bear market. Bybit announces new round of ...
Tag: workforce
Bybit to Cut 30% of Workforce as Crypto Bear Market Deepens
Centralized crypto exchange Bybit has become the latest to axe staff as crypto winter deepens. The move adds to layoffs by the company earlier this year in June. Singapore-headquartered Bybit has anno...
Bybit to Lay Off 30% of Workforce Amid Colder Crypto Winter
With bitcoin firmly standing below $20,000, it’s visible that the bear market still remains in the spotlight, which harms native businesses. Miners and exchanges have been hit the hardest. Amid numero...
Bybit reducing workforce as bear market deepens
Crypto exchange Bybit is reducing its workforce as a direct result of “the deepening bear market.” The Singapore-based crypto exchange’s CEO and co-founder, Ben Zhou, made the ...
Continued Crypto Winter Forces Kraken Exchange To Reduce Workforce by 30%
Digital asset exchange Kraken is downsizing its workforce as a means of staying afloat during the ongoing crypto winter that continues to pummel the industry. In a new statement, Kraken co-founder and...
Kraken Cuts Workforce by 30%
Kraken isn’t alone in its decision to cut back on staff numbers. Throughout 2022, various blockchain and crypto companies have adjusted their staff numbers to stay afloat. As employee layoffs continue...
Kraken cuts workforce by 30% in an effort to survive crypto winter
Cryptocurrency exchange Kraken announced on Nov. 30 that it has made one of its “hardest decisions” and is cutting down its global workforce by approximately 1,100 people, comprising approximately 30...
Kraken Cuts 30% of Its Workforce to Survive Crypto Winter
The second largest crypto exchange in the U.S., Kraken, has announced that it is laying off around 30%, or 1,100 members of its staff. The announcement was made on Wednesday by Kraken co-founder Jesse...
Kraken Slashes 30% of Workforce Amid Bear Market Pressure
Kraken is the latest cryptocurrency exchange that’s been forced to downsize in the face of macroeconomic headwinds and a devastating crypto bear market. According to an announcement from the firm on ...
Brazil set to recognize Bitcoin for payment, Kraken layoffs 30% of workforce
The biggest news in the crypto-verse for Nov. 30 includes Kraken laying off 1,100 staff as crypto winter bits hard, Binance expanding to Japan with the acquisition of Sakura Exchange BitCoin (SEBC), B...
Kraken Cuts 30% of Workforce Amid Crypto Winter
The crypto market has sunk this year, with bitcoin (BTC) losing 63% of its value since the end of 2021 and the total crypto market cap down more than two-thirds in the past 12 months. Companies that r...
NFT Startup Candy Digital Fires One-Third of Its Workforce
According to reports, Candy Digital, a sports and entertainment NFT start-up founded in 2021 and valued at $1.5 billion the same year, has laid off a major portion of its workforce. Reports suggest th...
Nigerian Crypto Exchange Quidax Cuts Its Workforce by 20% – Exchanges Bitcoin News
As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its work...
Bitget registers in Seychelles, Plans to Grow Workforce by 50%
Leading global cryptocurrency exchange Bitget announces that it has registered in Seychelles to aid global expansion. The exchange operates in a decentralized manner with no specific headquarters, wit...
Bitget registers in Seychelles and plans to grow its global workforce by 50%
Leading global cryptocurrency exchange Bitget announces that it has registered in Seychelles to aid global expansion. The exchange operates in a decentralized manner with no specific headquarters, wit...
These Crypto Companies Slashed Their Workforce Since the Market Crash in April
In the aftermath of the crypto winter, which erased billions of dollars from the industry after last year’s rally to an all-time high, many firms have significantly reduced their headcounts over the p...
Five Strategies For Creating A Future-Ready Workforce
Business success boils down to talent. What must company leaders do to create a future-ready … [+] workforce? The answer can be found in each of these five paths. getty What do all winning busin...
Blockchain Video Game Firm Mythical Games Lays Off 10% Of Workforce
Web3 game developer Mythical Games, which recently raised more than $270 million in venture capital has laid off its headcount by 10% as startups attempt to navigate a tough business environment and r...
Advertisers Flee As Twitter Lays Off Nearly Half Of Its Workforce
Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images. SOPA Images/LightRocket via Getty Images The news that a reported 3,700 TwitterTWTR employees were let go via email, was...
Mythical Games cuts 10% of workforce 1 day after top executives depart
Web3 gaming unicorn Mythical Games has laid off approximately 10% of its workforce as part of business restructuring, citing a challenging economic environment. “Like all companies, we’ve been a...
Stripe cuts 14% of workforce as fintech layoffs roll on
Payments firm Stripe is firing 14% of its workforce as layoffs continue at fintech and crypto companies. The company cited the macroeconomic environment and falls in funding for startups. The cu...
Stripe lays off 14% of workforce to cut costs amid economic downturn
Payments processor Stripe laid off 14% of its workforce — over 1,100 employees, CEO Patrick Collison announced in an email on Nov. 3. Collison attributed the layoffs to two “mistakes” by the leadershi...
Musk Plans To Layoff 50% Of Twitter’s Workforce Ahead Of Verification Fee Roll Out Next Week, Reports Say
Topline Twitter’s new owner Elon Musk plans to layoff nearly half of Twitter’s workforce by the end of this week in an effort to cut costs, according to several reports, as billionaire also seeks to b...
Galaxy Digital to Slash 20% of Workforce Amid Crypto Winter
Bloomberg reported Tuesday that the blockchain-focused financial services company Galaxy Digital Holdings plans to reduce one-fifth (20%) of its workforce due to the intense market crisis. Galaxy Dig...
Another Crypto Finance Firm Galaxy Digital to cut of its one-Fifth of workforce
As per the reports Galaxy Digital to cut of its one-fifth of workforce Recently some leading crypto exchange crypto.com and BlockFi have also announced to vacant its chair from the offices On the ot...
BitMEX to Dismiss 30% of its Workforce Shortly After CEO Replacement (Report)
The cryptocurrency exchange BitMEX reportedly plans to cut its staff by 30% in the latest example of industry companies laying off employees. The reports come a week after CEO Alexander Höptner steppe...
ESG And The Energy Workforce Of The Future
By Aparajita Datta, Gail Buttorff, Pablo Pinto and Ramanan Krishnamoorti BLACKSBURG, VA – APRIL 09: Mechanical Engineering students and Team Valor members (L-R) John … [+] Seminatore, Jame...
Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
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