Layoff

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...
Meta begins mass layoffs—why?
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10 November, 2022

Meta begins mass layoffs—why?

Meta CEO Mark Zuckerberg proceeds with the company's mass layoffs following a turbulent year and his desire to create a...
NYDIG quietly laid off a third of its staff in September: report
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17 October, 2022

NYDIG quietly laid off a third of its staff in September: report

Sources at NYDIG say the firm, which aimed to introduce BTC to the banking system, burned through the $1b it...
Crypto.com understated layoffs, dismissed at least 40% of its workforce: report
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13 October, 2022

Crypto.com understated layoffs, dismissed at least 40% of its workforce: report

The exchange’s strategy of splashing on ads and partnerships backfired as the bear market set in, and it has scaled...