Layoff

CoinSwitch, CoinDCX exchanges cut staff amid market slump
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3 September, 2023

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
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10 August, 2023

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...
KuCoin: 30% staff layoffs part of ‘biannual appraisals’
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31 July, 2023

KuCoin: 30% staff layoffs part of ‘biannual appraisals’

KuCoin had dismissed over 300 people amid a trading volume dip, according to reports, but CEO Johnny Lyu says it’s...
Robinhood axes 7% of employees in third round of layoffs
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29 June, 2023

Robinhood axes 7% of employees in third round of layoffs

The stock and digital asset trading platform will lay off about 150 people, mostly in customer experience and safety, as...
Disney abandons metaverse plans to save costs as funds run dry
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30 March, 2023

Disney abandons metaverse plans to save costs as funds run dry

All 50 employees in Disney's metaverse division will see their employment contracts terminated except for the division's head, Mike White,...
Anchorage Digital prunes workforce by 20%, citing regulatory and market conditions
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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...