
Layoff
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8 August, 2022
Robinhood lays off quarter of its workforce amid 75% dip in digital currency revenue
CEO Vlad Tenev took the blame for the layoffs, saying the company projected the high interest in its platform during...
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2 August, 2022
CoinFLEX exchange cuts staff amid $84M margin call dispute with Roger Ver
The cuts will reduce overheads by up to 60%, CoinFLEX says, further hinting at acquisition possibility even as its $84...
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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...
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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...
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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...
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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...