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layoff

eToro downsizes global workforce citing market conditions
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12 July, 2022

eToro downsizes global workforce citing market conditions

The company cites the current market conditions as one of the reasons for the move; the layoffs will affect around...
Scandal-ridden Compass Mining lays off 15% of workforce, slashes exec salaries by 50%
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11 July, 2022

Scandal-ridden Compass Mining lays off 15% of workforce, slashes exec salaries by 50%

Just weeks after its CEO and CFO resigned, Compass Mining has announced layoffs and salary cuts, claiming it grew too...
Hong Kong: OSL digital currency exchange lays off employees
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6 July, 2022

Hong Kong: OSL digital currency exchange lays off employees

OSL spokesperson also noted that the exchange had adjusted its business model to focus more on software-as-a-service, as well as...
Australian digital currency exchange Banxa slashes headcount by 30%
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2 July, 2022

Australian digital currency exchange Banxa slashes headcount by 30%

Banxa CEO Holger Arians stated that the company is anticipating another "crypto winter" and needs to reduce costs, or its...
Austrian exchange Bitpanda lays off 30% of staff, says it expanded too fast
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1 July, 2022

Austrian exchange Bitpanda lays off 30% of staff, says it expanded too fast

Bitpanda joins hundreds of firms that are laying off their staff as the ‘crypto’ winter bites, with the exchange saying...
BitOasis exchange lays off employees amid market downturn
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25 June, 2022

BitOasis exchange lays off employees amid market downturn

BitOasis disclosed laying off about five percent of its employees, which the CEO and Co-Founder, Ola Doudin, said is equivalent...
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