11-13-2024 
layoffs
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26 July, 2024
Meta reins in metaverse ambitions, cuts budget by 20%
Meta has instructed Reality Labs to cut its budget by 20% by 2026, just weeks after reorganizing its metaverse division...
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7 November, 2023
NFT marketplace OpenSea lays off 50% of staff
CEO Devin Finzer says the company is set to launch OpenSea 2.0, which calls for “a smaller team with a...
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19 March, 2023
Anchorage Digital prunes workforce by 20%, citing regulatory and market conditions
Anchorage Digital clarified that the layoffs do not stem from financial challenges, and affirms that they remain in good financial...
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18 February, 2023
NFT marketplace Magic Eden announces layoffs amid Solana’s 85% price dip
Magic Eden has laid off 22 members of its staff as part of a wider company restructuring after Solana’s value...
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17 November, 2022
Valkyrie lets go 30% of its staff amid chaos in the digital currency industry
Valkyrie becomes the latest digital asset company to initiate a job cut as it grapples with unpleasant market conditions, with...
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10 November, 2022
Meta begins mass layoffs—why?
Meta CEO Mark Zuckerberg proceeds with the company's mass layoffs following a turbulent year and his desire to create a...
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