Winklevoss Bros’ Gemini Trims 10% Of Workforce Amid Bear Market Woes ⋆ ZyCrypto

Advertisement &nbsp &nbsp Gemini, the crypto exchange led by billionaire twins Cameron and Tyler Winklevoss, will be laying off a considerable chunk of its staff, owing to the...

Ford Moves To Retain And Expand Workforce With $4.7B In Investments

Ford to make $4.7 billion in investments in its plants, convert 3.000 temporary workers to full-time … [+] and hire 6.200 more Ford With so many American businesses struggling to find staff righ...

Fidelity Crypto Subsidiary Doubling Workforce Despite Dubious Markets

A subsidiary of Fidelity Investments handling Bitcoin custody and trading for institutional investors intends to double its headcount this year. Currently employing around 200 people, Fidelity Digital...

Klarna to lay off approximately 10% of its workforce

Buy now, pay later  (BNPL) firm Klarna will let go of 10% of its workforce globally as the company suffers amid a worsening economic outlook, according to a statement issued by the company. KlarnaR...

Why Baby Boomer & Gen X Retirement May Leave Millennials Coming Up Short

A wave of retirements have accelerated a major pilot shortage — but the airlines are not the only … [+] industry facing a worker shortfall. getty Summer travel dreams are in the making. Soon peo...

Carvana laying off 12% of workforce, execs to forego salaries for rest of year

DETROIT — Online automotive retailer Carvana Co. says it’s letting go about 2,500 workers, roughly 12% of its workforce, as it tries to bring staffing and expenses in line with sales. The Phoenix comp...

Innovative Manufacturing Requires Workers And Machines In Tandem, MIT Professors Say At Symposium

Professor John Hart opening remarks at the Manufacturing at MIT symposium on May 6, 2022. Julie Diop We might be witnessing the dawn of a new industrial era in this decade. Strikingly, it might be des...

Hedge Fund Marshall Wace Forms Workforce, Focusing on Blockchain Investments

Investment firm Marshall Wace is forming a blockchain team to focus on investing in private blockchain-related companies. The company has also hired William Benattar, who has made technology investmen...

US SEC Doubles Crypto Division Workforce to Enhance Investors Protection 

The United States Securities and Exchange Commission (SEC) has nearly doubled the number of positions available in its Crypto Assets and Cyber Unit, a special division under the Division of Enforcemen...

Robinhood Stock Prices Plummet Following Firing 9% of Workforce

6 hours ago | 2 mins read Editors News Crypto accounted for 41% of Robinhood’s overall income in Q2 2021. The price of HOOD has been declining steadily in a negative trend. Following the firing of 9% ...

Robinhood Lays Off 9% Workforce, Shares drop

Robinhood is laying off 9% of its full-time workforce, CEO Vlad Tenev announced, as the shares of the company’s stock hit a new low. Tenev, in a blog post, said that the lay-offs came after a he...

Coinbase to Expand Workforce in India With 1,000 New Employees

Publicly listed crypto exchange Coinbase is getting into the Indian crypto market, and it’s ready to make a big splash. It has announced a plan to hire more than 1,000 people this year in the country....

The Reasons To Regulate AI Algorithms Are Simpler Than You Think

Do you worry artificial intelligence will take over the world? Many do. From Elon Musk worrying about DeepMind beating humans in the advanced game of Go in 2017, to members of Congress, European polic...

Why Has Seychelles-based Exchange BitMEX Fired A Quarter Of Its Workforce?

Seychelles-based exchange BitMEX has laid off 75 employees, 25% of its workforce.  A spokesperson for BitMEX said that the company would be functioning normally despite the mass layoff. The three co-f...

The African Union Endorses Plan To Strengthen Healthcare Workforce In Wake Of Covid Pandemic

Doreen Ebong, a nurse-midwife, attends to a mother at the Lira Regional Referral Hospital in Uganda. Brian Kalyesubula/Seed Global Health Global public health experts Agnes Binagwaho, Githinji Gitahi,...

Home Depot cut its overall workforce but boosted salaried employees by 20% last year

Home Depot Inc. HD, -1.62% disclosed that it cut its overall workforce by 2.8% in the fiscal year ended Jan. 30, 2022, while increasing the number of salaried employees by 19.9%. In the home improveme...

Older Americans head back to the workforce amid inflation and volatile stocks

A growing number of retirees are heading back to work. In February, 3% of retired workers made the decision to return to work, marking the highest percentage to date during the pandemic and a continua...

Coinbase to hire 2k employees for its workforce

Coinbase plans to hire top-notch 2k future employees to work for them  The remote-first company is based in America and has 2700 employees  Quick learners who can thrive in its culture are wanted at t...

Starbucks readies its workforce for Biden’s vaccine-or-test mandate

A Starbucks employee wears a facial covering while working in Dallas, Texas. Ronald Martinez | Getty Images Starbucks is readying its workforce to comply with the Biden administration’s vaccine-...