Celsius Following Market Trend in Workforce Reduction

Editors News Celsius has laid off 150 employees. Withdrawals on Celsius have not resumed yet. Leading crypto lending platform Celsius network has laid off 150 employees, a quarter of its workforce, as...

Inflation pushes seniors back into the workforce

There is no more retirement’: Inflation pushes seniors back into the workforce “Unretirement,” or the act of going back to work after retiring, isn’t just for young Buccs like Tom Brady. About 3...

Australia’s Banxa Becomes Latest Crypto Exchange to Slash Workforce – crypto.news

Cryptocurrency exchange Banxa has reduced the number of its employees by nearly half following a plunge in its trading volume due to the bearish crypto market. Banxa Cuts Down Staff by 30% According t...

Huobi Global Could Cut Over 30% Workforce as China Crackdown Leads to Fall in Revenue

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...

Banxa to layoff 30% of workforce to shelter the “crypto winter”

Banxa announced on June 27 that it is laying off 30 percent of its staff, Australian Financial Review reported. The cryptocurrency operator said in the release that the layoffs add to several measures...

Bit.com Plans to Double Workforce as Layoffs Mount in Crypto and Financial Markets

The crypto markets are going through a rough phase. Bitcoin has crashed more than 70% in 8 months. Amidst the crash, several companies are laying off their employees, desperately trying to save cash. ...

Bitget Seeks 3x Workforce Expansion Amid Ongoing Layoffs

Emerging derivatives exchange platform, Bitget has announced its plans to strengthen its ongoing ecosystem growth with the addition of about 500 more new employees. While many crypto platforms are str...

Crypto exchange Bitget plans to double workforce to 1,000 over next six months

Singapore-based crypto exchange Bitget plans to double its workforce to 1,000 employees over the next six months despite the current market downturn, it said in a news release on Thursday. Since the b...

Australian Crypto Gateway Solution Cuts Workforce by 40%

Alex Dovbnya The company’s headcount will be reduced by roughly 150 employees Cryptocurrency payment gateway Banxa has decided to reduce its workforce by more than 40%, The Australian Financial Review...

Austrian Exchange Bitpanda Cuts Third of Workforce

Austrian exchange Bitpanda cuts almost a third of its workforce as it battens down the hatches for an unpredictable crypto winter. The company, which boasts investments from Alan Howard and Peter Thie...

Following Aftermath of Recent Slump Bitpanda Announces Workforce Layoff

18 seconds ago | 2 mins read Exchange News The firm is it is cutting its workforce from 1,000 to 730. The rapid pace of recruiting was a miscalculation and unsustainable as per the firm. Crypto indust...

Coinbase-Backed Indian Crypto Exchange Vauld Lays Off 30% Workforce Coinbase-backed Indian Trading Platform Vauld Lays Off 30% Workforce

The extreme pullback in the cryptocurrency market in the past few months has forced Coinbase, Bybit, and CryptoCom to reduce headcount. Now Indian trading platform Vauld has joined the league and anno...

Ripple’s Job Advert Sparks Speculation Of Office, Workforce Expansion in India ⋆ ZyCrypto

Advertisement &nbsp &nbsp Popular blockchain payments company Ripple Labs seems to be expanding its India operations. According to a recruitment ad posted on Linkedin, the com...

Bitget to Double Global Workforce Despite Crypto Winter

[PRESS RELEASE – Please Read Disclaimer] Aims to increase headcount to 1,000 by end of 2022 Singapore, 21 June, 2022 – Leading global digital-asset trading platform – Bitget, is slated to double its w...

Crypto Exchange BitOasis Cut-off 5% of Workforce?

6 hours ago | 2 mins read Exchange News BitOasis stated nine laid-off reflect nearly 5% of the company’s employment. Bybit joined the list by reducing its staff by 20% to 30%. On 19 June, Dubai-based ...

Bybit Planning To Reduce Workforce

2 hours ago | 2 mins read Exchange News 20% to 30% of the staffing is estimated to be cut off from the ByBit exchange platform. Resources may be assigned with additional tasks and functioning. The ByB...

Bitoasis Layoffs 5% Workforce as Bear Market Concern Grows

United Arab Emirates-based cryptocurrency exchange BitOasis announced on Sunday that it has laid off nine employees as part of its cost-cutting plan. Ola Doudin, the CEO of Middle East-focused crypto ...

Coinbase Slashes Workforce by 18% to Prepare for ‘Extended’ Crypto Winter

The leading U.S. crypto exchange Coinbase is cutting its workforce by 18% in preparation for the possibility of an “extended” crypto winter. In a blog post from CEO Brian Armstrong, the co...

Coinbase cuts workforce by 18% as the crypto market tumbles

Coinbase Global (COIN) is laying off approximately 1,100 people as part of a cost-cutting initiative, the firm announced in a filing on Tuesday. In May, Coinbase said it was reducing its hiring target...

Why Coinbase Will Cut 18% Of Workforce “During Recession”

Major crypto exchange Coinbase published a message from its CEO, Brian Armstrong. The company has decided to reduce its workforce by 18% to “ensure we stay healthy during this economic downturn”. Rela...

Exchange to Reduce Workforce by 18% Amid Crypto Winter

As the current bearish trends grow stronger, the leading United States cryptocurrency exchange, Coinbase, said it is planning to lay off 18% of its workforce, representing about 1,100 employees. Coinb...

Coinbase Reduces the Size of the Firm’s Workforce by 18% – Bitcoin News

Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring...

Coinbase is cutting 18% of its workforce: ‘it’s a one-time event’

Shares of Coinbase Global Inc (NASDAQ: COIN) are in the red on Tuesday after the crypto company said it will cut jobs to minimize costs ahead of a “possible recession”. 1,100 employees to ...

After BlockFi, Coinbase cuts workforce by 18% as CEO admits to over-hiring

While it is one of the world’s biggest crypto-exchanges, it would seem that Coinbase is not immune to the market’s downturn either. According to a blog shared by CEO Brian Armstrong, the exchange will...

BlockFi Reduces Workforce by 20% as Crypto Winter Intensifies

The current bearish market trend is affecting both investors and companies in the crypto industry. While investors scratch their heads in losses, firms such as crypto lending exchange BlockFi are taki...

BlockFi Cuts 20% of Workforce Amid Crypto Downturn

Key Takeaways BlockFi is firing 20% of its employees due to dramatic market conditions. The company is focusing on profitability ahead of what it acknowledges could be a prolonged global recession. Ot...

Polygon hires Airbnb’s HR director to head its decentralized workforce

Polygon, an Ethereum layer-2 scaling solution, has announced the hiring of the former director of human resources and director of employee experience at Airbnb, Bhumika Srivastava. Srivastava will wor...

Mexico Based Crypto Exchange ‘Bitso’ to Lay Off Major Workforce

Exchange News An 80-person layoff announcement was made by Bitso. Gemini announced a 10% workforce layoff to weather the crypto winter. Retail investors are not the only ones feeling the effects of Cr...

Gemini Crypto Exchange Sued by CFTC, Slashes 10% Workforce Amid Challenging Market – crypto.news

Gemini, a cryptocurrency currency exchange owned by the Winklevoss brothers was today sued by the Commodity Futures Trading Commission (CFTC) over misleading statements. CFTC Sues Gemini Crypto Exchan...

In The Midst Of The Bear Market Major Crypto Firms Are Reportedly Laying Off Up To 10% Of Its Workforce

According to a representative for the FTX crypto exchange, the company has not laid off any of its current 175 employees at the worldwide exchange or 75 employees at the FTX US, and has no plans to do...

Elon Musk Reportedly Wants To Lay Off 10% Of Tesla’s Workforce As He Frets About The Economy

Topline Tesla CEO Elon Musk wants to lay off around 10% of Tesla’s workforce due to his concerns about the state of the global economy, Reuters reported on Friday citing an internal email sent to comp...

Gemini Joins the Bandwagon, Lays Off 10% of Workforce

Gemini, the cryptocurrency exchange founded by twin brothers Tyler and Cameron Winklevoss has shed off as many as 10% of its entire workers. The news was broken by the twin founders who made public a ...