Layoffs

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Winklevoss-Led Gemini Cuts 10% of Staff, Citing ‘Turbulent’ Crypto Market
Gemini cited the cryptocurrency downturn along with macroeconomic market conditions.
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Bitso co-founder and CEO Daniel Vogel. (Bitso)
Top Latin American Crypto Exchange Bitso Lays Off 80 Employees
The company, which had more than 700 workers before the cuts, counts four million users in the region.
Bitso co-founder and CEO Daniel Vogel. (Bitso)

Buenbit CEO Federico Ogue said the company has been working on staff reductions for months. (Buenbit)
Argentinian Crypto Exchange Buenbit Cuts 45% of Staff Due to Tech Industry Downturn
The company will focus on its current operations in Argentina, Mexico and Peru, and freeze previous plans to expand into other countries.
Buenbit CEO Federico Ogue said the company has been working on staff reductions for months. (Buenbit)

Coinbase has detailed cost-cutting measures in internal company emails. (Getty Images)
Coinbase Outlines Cost-Cutting Measures, Employee Grants Amid Weak Results and Crypto Rout: Report
The report based on internal emails seen by The Information comes after Coinbase said earlier this week it will slow hiring.
Coinbase has detailed cost-cutting measures in internal company emails. (Getty Images)

(Shutterstock)
Crypto Exchange BitMEX Lays Off 75 Workers
The global job cuts will impact about 25% of the company's workforce and come after plans by a company founded by BitMEX executives to buy a German bank fell through in March....
(Shutterstock)

Credit: BlockTV
Crypto News Outlet BlockTV Shuts Down, Citing Impact of COVID-19
Cryptocurrency-focused media startup BlockTV has shut down operations due to the economic strains of the COVID-19 crisis, according to two former employees.
Credit: BlockTV

The ConsenSys headquarters pictured in 2016. (Credit: CoinDesk archives)
New Layoffs Hit Ethereum Incubator ConsenSys
ConsenSys is laying off dozens more staffers, two people familiar with the matter tell CoinDesk.
The ConsenSys headquarters pictured in 2016. (Credit: CoinDesk archives)

Michael Novogratz
Novogratz's Crypto Investment Firm Galaxy Digital Shrinks Workforce 15%
Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.
Michael Novogratz

Sean Neville image via CoinDesk archives
Circle Confirms New Round of Layoffs Following Co-CEO Departure
Circle laid off about 10 employees in its latest effort to cut costs. The move follows a round of 30 layoffs in May.
Sean Neville image via CoinDesk archives

Chainalysis at Consensus 2019
Blockchain Sleuthing Firm Chainalysis Slashes 20% of Workforce
Chainalysis laid off 39 employees Thursday citing the need for a "path to profitability."
Chainalysis at Consensus 2019