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layoff

KuCoin: 30% staff layoffs part of ‘biannual appraisals’
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31 July, 2023

KuCoin: 30% staff layoffs part of ‘biannual appraisals’

KuCoin had dismissed over 300 people amid a trading volume dip, according to reports, but CEO Johnny Lyu says it’s...
Robinhood axes 7% of employees in third round of layoffs
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29 June, 2023

Robinhood axes 7% of employees in third round of layoffs

The stock and digital asset trading platform will lay off about 150 people, mostly in customer experience and safety, as...
Binance cutting staff, dodging Canadian regulatory probe
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1 June, 2023

Binance cutting staff, dodging Canadian regulatory probe

Binance undergoes "re-evaluation" of its workforce, cutting down about one-fifth of its total manpower who are either underperforming or might...
Disney abandons metaverse plans to save costs as funds run dry
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30 March, 2023

Disney abandons metaverse plans to save costs as funds run dry

All 50 employees in Disney's metaverse division will see their employment contracts terminated except for the division's head, Mike White,...
Meta to lay off 10,000 workers as metaverse ambition wanes
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17 March, 2023

Meta to lay off 10,000 workers as metaverse ambition wanes

Mark Zuckerberg announced another round of massive layoffs, just days after winding down NFT integrations, even as his focus seemingly...