CoinGeek

Layoff

9 June, 2025

AI isn’t taking your job—CEOs are

AI is perceived as threat to jobs, but reality paints a different picture, with execs masking it as a forward-thinking...

AI’s economic impact in 2024: A double-edged sword

Business

Patrick Thompson

27 December, 2024

AI’s economic impact in 2024: A double-edged sword

Artificial Intelligence is revolutionizing the world, creating more efficient industries and generating massive revenue for firms, but using the tech...

Foundry lays off staff as Marathon, Hive expand

Business

Steve Kaaru

11 December, 2024

Foundry lays off staff as Marathon, Hive expand

Foundry laid off a quarter of its workforce as it spun off from DCG, while Marathon acquired a Texas windfarm...

Axie Infinity maker Sky Mavis trims 21% of workforce

Business

Steve Kaaru

28 November, 2024

Axie Infinity maker Sky Mavis trims 21% of workforce

Sky Mavis CEO Nguyen Trung insisted that the layoffs aren’t due to financial constraints, but Axie Infinity NFTs have lost...

Alibaba lays off dozens from metaverse department: report

Business

Steve Kaaru

7 November, 2024

Alibaba lays off dozens from metaverse department: report

Alibaba joins fellow Chinese tech giant Baidu in scaling down its interest in the metaverse, with AI replacing the hype...

Business

Steve Kaaru

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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Steve Kaaru

18 Jul 2025

Layoff

AI isn’t taking your job—CEOs are

AI’s economic impact in 2024: A double-edged sword

Foundry lays off staff as Marathon, Hive expand

Axie Infinity maker Sky Mavis trims 21% of workforce

Alibaba lays off dozens from metaverse department: report

Meta reins in metaverse ambitions, cuts budget by 20%

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