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Protocol Labs, Chainalysis and Bittrex add to crypto layoff season
4.2.2023
Crypto execs suggested that the "extremely challenging" times forced them to cut jobs in order to “weather this extended" crypto winter
Filecoin Creator Protocol Labs Cuts 21% of Staff
3.2.2023
Protocol Labs, the company behind decentralized file storage network Filecoin, is laying off 21% of its staff, CEO Juan Benet announced in a blog post on Friday
Bitcoin miner Greenidge cuts NYDIG debt from $72M to $17M
31.1.2023
Despite restructuring into a hosting firm for Bitcoin mining, Greenidge still owns about 10,000 miners, maintaining a capacity of 1.1 EH/s
Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise
31.1.2023
It was a tough month for crypto employees with at least 14 firms announcing staff reductions in January
Phil Spencer Says Halo Studio Remains ‘Critical’ To Xbox Despite Cuts
28.1.2023
Things haven’t been going great for Xbox recently. Microsoft is facing stiff resistance in its attempt to acquire Activision Blizzard. It released hardly any big exclusive blockbusters last year. And it just cut over 10,000 jobs last week, including many senior developers at Halo Infinite studio...
Jihan Wu's Matrixport Cuts 10% of Staff
27.1.2023
At press time, Matrixport had more than 290 employees serving customers in 40 countries
Crypto Markets Today: Bitcoin Holds Steady Near $23K; Gemini’s Job Cuts Continue
23.1.2023
FTX’s FTT token was up 8% for the day. Equities closed up
Compass Mining sued for losing Bitcoin mining machines bought by customers
19.1.2023
The lawsuit alleges that Compass Mining didn’t disclose to Bit River that it was only the ‘middleman,’ not the owner of its customers’ machines
ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over 'Ridiculous' CeFi
18.1.2023
A total of 97 employees, or 11% of the workforce, will be affected, according to a blog post by the CEO
Fidelity-Backed Exchange OSL Cuts Workers Amid Ongoing Crypto Winter: Bloomberg
17.1.2023
The number of layoffs at the Hong Kong crypto exchange was not specified
Crypto.com Cuts 20% of Staff in Latest Retrenchment by a Top Crypto Exchange in Fight for Survival
13.1.2023
Crypto.com has announced that it will cut 20% of its staff, citing macroeconomic headwinds and the collapse of rival exchange FTX as its reasons.
“While we continue to perform well, growing to more than 70 million users worldwide and maintaining a strong balance sheet, we’ve had to navigate...
Crypto.com Cuts Workforce by Nearly 20%
13.1.2023
The firm is the latest among the major crypto firms to announce layoffs
Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally
13.1.2023
The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future...
Crypto Markets Today: Bitcoin Tops $19K, Blockchain.com Cuts Jobs, Sam Bankman-Fried Blogs
12.1.2023
ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally
Ubisoft Delays Skull And Bones, Cancels More Games, And Announces New Cuts
11.1.2023
Ubisoft held an emergency call with investors on Wednesday to reveal that the company’s 2022 sales had fallen well below expectations and that it would be taking drastic measures going forward, including cancelling three more unannounced games, delaying Skull and Bones a few months yet again,...
Crypto Markets Today: Coinbase Announces More Job Cuts Amid Market Jitters
10.1.2023
ALSO: Both bitcoin and ether reached nearly four-week highs. Equities closed higher
Coinbase Cuts Around 20% Workforce as Crypto Winter Rages
10.1.2023
Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end of Q2 2023
Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season
8.1.2023
The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives
NFT Marketplace SuperRare Cuts Staff by 30%
7.1.2023
CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months
SuperRare cuts 30% of staff as growth slows during crypto winter
7.1.2023
Despite only being a week into the new year, SuperRare adds to a number of firms announcing staff cuts such as Huobi and Genesis