Layoff

Genesis Trading lays off 30% of staff following spillover of industry catastrophes
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10 January, 2023

Genesis Trading lays off 30% of staff following spillover of industry catastrophes

A Wall Street Journal report suggests the layoffs could be as high as 60 individuals, with insiders with knowledge of...
Huobi to lay off over 300 employees amid its debacle with PI network: report
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3 January, 2023

Huobi to lay off over 300 employees amid its debacle with PI network: report

Huobi Global has yet to offer a statement over the claims, but there remains speculation that the exchange is still...
Koinly lays off 14% of workforce following extended bear market—Here’s the whole bushel
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9 December, 2022

Koinly lays off 14% of workforce following extended bear market—Here’s the whole bushel

Koinly has pruned its staff strength by 14% ahead of the incoming tax season, forcing to layoff 16 full-time employees...
Australian exchange Swyyftx axes 40% of workforce due to FTX fallout
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9 December, 2022

Australian exchange Swyyftx axes 40% of workforce due to FTX fallout

Swyftx, which has over 600,000 users, laid off 90 staff members in a restructuring process the founders say is geared...
Bybit joins growing list of layoffs in exchanges
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7 December, 2022

Bybit joins growing list of layoffs in exchanges

Bybit CEO Ben Zhou announced on Twitter that the exchange would lay off workers across the board, blaming the “deepening...
Valkyrie lets go 30% of its staff amid chaos in the digital currency industry
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17 November, 2022

Valkyrie lets go 30% of its staff amid chaos in the digital currency industry

Valkyrie becomes the latest digital asset company to initiate a job cut as it grapples with unpleasant market conditions, with...
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