
Layoff
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17 June, 2022
Coinbase turfs 18% of its workforce as ‘crypto’ winter freezes Armstrong’s heart
Coinbase has tossed nearly one-fifth of its workforce overboard as the struggling digital currency exchange struggles to stay afloat following...
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16 June, 2022
BlockFi cuts 20% of workforce citing market downturn
BlockFi founders Zac Prince and Flori Marquez said that "market conditions that have had a negative impact on our growth...
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7 June, 2022
Coinbase-backed Rain exchange in the Middle East lays off employees amid digital currency sell-off
Rain Financial Inc., described as one of the biggest digital currency exchanges in the Middle East, says the layoffs were...
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28 April, 2022
Robinhood axes 9% of full-time employees
The layoffs will help Robinhood to improve efficiency, increase velocity, and ensure that it can adapt to changing needs of...
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22 December, 2020
Bitmain lost money in 2019, lawyers tell court in China
Lawyers representing Bitmain Technologies disclosed at a recent court hearing that the ASIC mining hardware manufacturer recorded a loss of...
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27 August, 2020
Wirecard lays off over 50% of staff amid insolvency process
The firm is planning to let go of 730 of the 1,300 workers at its Aschheim office, cutting its total...