Jobs

Polygon Labs CEO Marc Boiron. (Polygon Labs)
Polygon Labs Cuts 19% of Staff, 60 Roles, for 'Enhanced Performance'
The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons.
Polygon Labs CEO Marc Boiron. (Polygon Labs)

Bitcoin fell to the $34,000 level ahead of payroll data.  (CoinDesk/Helene Braun)
Bitcoin Recedes to $34.2K Ahead of U.S. Nonfarm Payrolls Data
The jobless rate is forecast to hold steady at 3.8%, while the year-on-year growth in average hourly earnings likely slowed to 4% from 4.2%.
Bitcoin fell to the $34,000 level ahead of payroll data.  (CoinDesk/Helene Braun)

CertiK CEO Ronghui Gu says the company is dealing with "evolving market dynamics." (CertiK)
CertiK, Blockchain Code Auditor, Makes 'Strategic Workforce Adjustment' of 15%
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing "evolving market dynamics."
CertiK CEO Ronghui Gu says the company is dealing with "evolving market dynamics." (CertiK)

Blocknative reduced headcount by just over a third, and now has 24 people. (Shutterstock)
Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project
The company discloses a restructuring in the wake of its decision to exit services related to MEV-Boost Relay, a type of software used by Ethereum network validators.
Blocknative reduced headcount by just over a third, and now has 24 people. (Shutterstock)

Chainalysis co-founder Jonathan Levin speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk archives)
Blockchain Analytics Firm Chainalysis Cuts 15% of Staff
This is the second round of layoffs by the analytics firm in 2023.
Chainalysis co-founder Jonathan Levin speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk archives)

From left: Sumit Gupta (Co-founder & CEO), Neeraj Khandelwal (Co-founder), Gaurav Arora (Sr. Vice President), Vivek Gupta (EVP Engineering). (CoinDCX)
Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll
The number of employees losing their jobs is 71 out of some 590.
From left: Sumit Gupta (Co-founder & CEO), Neeraj Khandelwal (Co-founder), Gaurav Arora (Sr. Vice President), Vivek Gupta (EVP Engineering). (CoinDCX)

U.S. Department of Labor Building (Department of Labor)
Crypto Catalysts: Jobs Data to Highlight the Week’s Macro Releases
Among other reports, investors will be eyeing ADP’s private sector jobs total, which last month, soared beyond expectations, a concern for inflation watchers.
U.S. Department of Labor Building (Department of Labor)

(Pixabay)
Crypto Catalyst Watch: FOMC Minutes, Jobs Numbers Lead Busy Slate of Economic Releases
In addition, the national ISM manufacturing survey, released during the long July 4 weekend, fell to its weakest level since May 2020.
(Pixabay)

Robinhood is adjusting to a slowdown in customer activity. (Unsplash)
Robinhood Sheds Jobs for Third Time Since April 2022: WSJ
The company made the cuts as it adjusts to a slowdown in customer trading activity.
Robinhood is adjusting to a slowdown in customer activity. (Unsplash)

(CoinDesk/Helene Braun)
U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K
The strong print likely advances the case for the Fed to continue its string of rate hikes at its upcoming June meeting.
(CoinDesk/Helene Braun)