
Layoff
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...
Ava Labs lays off ‘substantial’ portion of its workforce
Ava Labs founder Emin Gün Sirer confirmed on X that there was a ‘reduction in force’ at the blockchain company,...
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...
R3 blockchain lays off a fifth of its employees
R3 slashed the jobs to “maintain a strong operating and financial position” at a time when blockchain funding has dried...
CoinSwitch, CoinDCX exchanges cut staff amid market slump
Indian digital currency exchange Coinswitch is diversifying its financial products in an attempt to remain afloat, a move initiated following...
Google accused of firing AI contract staff in ‘retaliatory’ move against unionizing
Alphabet Workers Union takes legal action against Google and Accenture, alleging violation of federal labor laws following a significant employee...
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