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layoff

Brutal layoffs continue in the digital currency industry—is this the worst bear market yet?
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2 March, 2023

Brutal layoffs continue in the digital currency industry—is this the worst bear market yet?

Only two months since entering 2023, thousands have been laid off in the digital currency industry, but hopes of a...
Polygon lays off 100 staff following internal consolidation process
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27 February, 2023

Polygon lays off 100 staff following internal consolidation process

Polygon claims it maintains a healthy cash reserve, stating that the move was an internal restructuring move designed to “crystallize”...
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...