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Layoff

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...
Brazil: Mercado Bitcoin’s parent company cuts workforce for second time in 2022
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8 September, 2022

Brazil: Mercado Bitcoin’s parent company cuts workforce for second time in 2022

2TM blames the dire global financial conditions and the lack of proper digital asset regulations for its underwhelming performance this...
Coinbase-backed Rain Financial dismisses more employees as digital asset market slump continues
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6 September, 2022

Coinbase-backed Rain Financial dismisses more employees as digital asset market slump continues

The company cites the persisting price slump in the digital asset market with Rain's co-founder and CEO, noting that the...
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