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layoff

Dapper Labs lays off another 20% of staff
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27 February, 2023

Dapper Labs lays off another 20% of staff

Dapper Labs CEO Roham Gharegozlou announced the layoffs in an email to investors, just three months after the NBA Top...
Kraken shuts down Abu Dhabi office less than a year after launch
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6 February, 2023

Kraken shuts down Abu Dhabi office less than a year after launch

Kraken also laid off some employees in the MENA region and suspended AED but maintains that clients in the region...
Prime Trust lays off one-third of staff becoming the latest in a string of industry tragedies
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5 February, 2023

Prime Trust lays off one-third of staff becoming the latest in a string of industry tragedies

Around 100 workers of Prime Trust were terminated as the firm faces financial woes brought about by COVID-19, with some...
Bittrex lays off 83 employees amid unfavorable macroeconomic market conditions
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4 February, 2023

Bittrex lays off 83 employees amid unfavorable macroeconomic market conditions

According to the ESD's Worker Adjustment and Retraining Notification (WARN), the terminations are expected to take effect on April 2...
CoinTracker lays off 20% of its staff due amid dire economic conditions
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1 February, 2023

CoinTracker lays off 20% of its staff due amid dire economic conditions

The affected employees were offered 12 weeks of pay and health care coverage for three months, including the perks of...
Digital Currency Group-owned exchange Luno axes 35% of staff
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27 January, 2023

Digital Currency Group-owned exchange Luno axes 35% of staff

It's estimated that the firm will cut 330 jobs, mostly in its marketing department, giving some insight into how industry...
Digital Currency Group’s Luno exchange cuts staff, Grayscale won’t cut fees
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26 January, 2023

Digital Currency Group’s Luno exchange cuts staff, Grayscale won’t cut fees

In a 'town hall' meeting on January 25, U.K.-based digital assets exchange Luno revealed that around 35% of them were...
Digital currency firm Amber reduces employee count in Hong Kong: report
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22 January, 2023

Digital currency firm Amber reduces employee count in Hong Kong: report

Amber terminated the contracts of 40 individuals across several departments in its Hong Kong office, including risk management, IT, and...
ConsenSys slashes workforce by 11% due to unfavorable macroeconomic conditions
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21 January, 2023

ConsenSys slashes workforce by 11% due to unfavorable macroeconomic conditions

The ConsenSys layoffs will affect 96 employees across several teams, which CEO Joseph Lubin says was caused by certain "poorly...
Crypto.com announces more layoffs as digital currency market rout continues
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16 January, 2023

Crypto.com announces more layoffs as digital currency market rout continues

Singapore-based Crypto.com announced that it would lay off 20% of its workforce, just days after Silicon Valley exchange Coinbase announced...
Coinbase cuts another 20% of workforce and warns of up to $500M in losses
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11 January, 2023

Coinbase cuts another 20% of workforce and warns of up to $500M in losses

The cuts amount to 950 people, on top of the 1,100 Coinbase cut back in June; its CEO Brian Armstrong...
Genesis Trading lays off 30% of staff following spillover of industry catastrophes
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10 January, 2023

Genesis Trading lays off 30% of staff following spillover of industry catastrophes

A Wall Street Journal report suggests the layoffs could be as high as 60 individuals, with insiders with knowledge of...