WebJun 14, 2024 · Coinbase plans to lay off 1,100 employees or 18% of its workforce, CEO Brian Armstrong said Tuesday, marking yet another cryptocurrency exchange that has slashed … WebApr 12, 2024 · 189. When compared to previous months, the crypto industry experienced a decrease in job losses in February. Only 570 layoffs were reported in the industry for …
DCG-owned crypto exchange Luno axes 35% of staff - CNBC
Faced with steep market declines, cryptocurrency companies have laid off more than 3,000 workers since June. By far the biggest blow, popular brokerage Coinbase laid off 1,180 employees, or about 18% of its workforce, on June 14—weeks after the firm’s billionaire CEO, Brian Armstrong, warnedinvestors that a … See more Low interest rates and government stimulus measures fueled skyrocketing cryptocurrency prices during the pandemic, but the … See more Citing “extreme market conditions,” crypto lender Celsius became the first major platform to pause withdrawals and transfers between … See more Investors piled out of cryptocurrency investment funds at a record pace as bitcoin plunged to an 18-month low in June. Outflows totaled $423 million in the week of June 17, … See more A handful of crypto firms are simply collapsing. On June 27, Voyager issued a notice of default to beleaguered Singapore-based crypto hedge fund Three Arrows Capital (3AC) for failing to make payments on $675 … See more WebDigital Currency Group's crypto exchange axes 35% of its staff in the latest round of industry layoffs. Luno cut 35% of its workforce, citing an "incredibly tough year" for cryptocurrency markets ... csx boston subdivision
Crypto
Web17 hours ago · January 10 Coinbase, one of the biggest crypto exchanges in the U.S. announced plans to lay off 25% of its workforce (950 employees) in a company blog post … WebJan 10, 2024 · Crypto exchange Coinbase today announced more sweeping layoffs, citing "the ongoing market conditions impacting the cryptoeconomy." In an 8-K filing with the SEC, the firm said that this restructuring would cut the firm's headcount by approximately 950 employees. The cost to do so, tallying severance packages, could range up to $163 … WebNov 30, 2024 · SAN FRANCISCO ( KRON) — San Francisco-based cryptocurrency exchange Kraken is the latest crypto or tech firm to announce layoffs. In a company blog post published Wednesday, CEO Jesse Powell ... csx bright future