Latest layoff News

Business 23 January 2019

Token platform BlockEx ends 2018 with layoffs

The London-based startup had been tipped for big things, but after a number of setbacks over the past year, BlockEx now finds itself laying off staff, in a bid to remain viable.

Business 9 January 2019

ShapeShift lays off one-third of team

Citing the continued bear market in cryptocurrencies, Switzerland-based exchange ShapeShift has let go of 37 employees, about one-third of its work force.

Business 26 December 2018

Confirmed: Bitmain facing major staff reductions

When Bitmain filed for its initial public offering a few months ago, it indicated that it had 3,594 full-time employees. That number has dwindled to around 3,100 and the personnel cuts—which reports indicate has affected over 1,000 employees—will lead the company to be nothing more than a shell of its former self.