Layoff

More Gemini staff faces layoffs in exchange’s ‘extreme cost cutting’ measures: report
-
20 July, 2022

More Gemini staff faces layoffs in exchange’s ‘extreme cost cutting’ measures: report

A source with insider knowledge told TechCrunch that the exchange plans to cut down from 950 employees to 800 in...
NFT marketplace OpenSea lays off 20% of staff cites bear market
-
19 July, 2022

NFT marketplace OpenSea lays off 20% of staff cites bear market

Devin Finzer attributed the decision to the "crypto winter and broad macroeconomic instability," stating that they need to prepare the...
eToro downsizes global workforce citing market conditions
-
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%
-
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
-
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%
-
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...
Advertisement