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Layoffs

Zooko Wilcox
Markets
News
Zcash Developer Electric Coin Co. Reveals Q1 Financial Loss
The for-profit arm supporting zcash has issued a new report saying it avoided layoffs throughout the bear market despite being in the red.
Zooko Wilcox
By William Foxley
Aug 30, 2019 at 12:25 p.m. UTC
Aug 30, 2019
NewsZcashLayoffsElectric Coin Company
circle-allaire-bitcoin2014
Markets
Circle
Crypto Startup Circle Cuts 30 Employees Citing Market, Regulatory Conditions
Circle is laying off roughly 30 people, CoinDesk has learned.
circle-allaire-bitcoin2014
By Zack Seward
May 21, 2019 at 6:55 p.m. UTC
May 21, 2019
CirclePoloniexNewsSeedInvestLayoffs
luxury watch gears, via Shutterstock https://www.shutterstock.com/image-photo/macro-close-luxury-mechanism-watch-gears-1329873020?src=X6AboKDr4Gs2MookxGHPYQ-1-1
Markets
Startups
As ICO Business Dried up, This Firm's Headcount Fell From 120 to 50
Significant layoffs at Ambisafe tell the tale of another ICO services startup that got too big in 2018.
luxury watch gears, via Shutterstock https://www.shutterstock.com/image-photo/macro-close-luxury-mechanism-watch-gears-1329873020?src=X6AboKDr4Gs2MookxGHPYQ-1-1
By Brady Dale
Apr 18, 2019 at 8:00 p.m. UTC
Apr 18, 2019
startupsNewsLayoffsAmbisafe
Dash, chart
Markets
Startups
Dash Core Group to Lay Off Staff in 'Crypto Winter' Cost-Cutting Effort
The company behind cryptocurrency project Dash is to reduce its staffing levels in a cost-cutting effort brought on by the bear market.
Dash, chart
By Yogita Khatri
Mar 5, 2019 at 9:15 a.m. UTC
Mar 5, 2019
startupsNewsEmploymentDashLayoffsbusiness news
hosha
Markets
Security
Smart Contract Auditor Lets Go 80% of Staff in Crypto Winter Cutbacks
After an initial boom, smart contract auditing firm Hosho went from from 37 employees to seven after business slowed in 2018.
hosha
By Brady Dale
Feb 1, 2019 at 1:30 p.m. UTC
Feb 1, 2019
Securitystartupssmart contractsNewsCrypto WinterLayoffsbusiness news
bee
Markets
Startups
'Decentralized Airbnb' Starts Charging Fees as ICO Model Falters
Airbnb competitor Bee Token, founded by alums of Uber, are pivoting in an effort to boost revenue after conducting an ICO last February.
bee
By Brady Dale
Jan 23, 2019 at 5:35 p.m. UTC
Jan 23, 2019
startupsSharing EconomyNewsICOsBee TokenLayoffsuse-cases-verticalsbusiness news
Credit: NASA
Markets
Startups
50 Cut as $60 Million Blockchain Project Nebulas Lays Off 60% of Staff
Once a top-100 cryptocurrency, Nebulas has laid off more than 60 percent of its staff since July 2018, CoinDesk has learned.
Credit: NASA
By Brady Dale
Jan 22, 2019 at 10:30 p.m. UTC
Jan 22, 2019
startupsICOsinitial coin offeringsNebulasLayoffs
revolving door
Markets
Exchanges
How BlockEx Went from $24 Million ICO to Layoffs in Less Than a Year
BlockEx, a London-based platform for launching and exchanging tokens, was beset by a series of setbacks that led to downsizing.
revolving door
By Brady Dale
Jan 18, 2019 at 8:30 p.m. UTC
Jan 18, 2019
ExchangesLondonNewsICOsLayoffsother-public-protocolsTechnology News
Amsterdam
Markets
Amsterdam
Chinese Mining Giant Bitmain Is Closing Another Overseas Office
China-based crypto mining giant Bitmain has confirmed the closure of its Amsterdam office as part of ongoing business adjustments.
Amsterdam
By Wolfie Zhao
Jan 14, 2019 at 9:00 a.m. UTC
Jan 14, 2019
AmsterdamBitmainBTC.comNewsLayoffs
erik voorhees
Markets
Shapeshift
ShapeShift Lays Off 37 in Latest Crypto Industry Cutback
Crypto exchange ShapeShift has announced a round of layoffs, cutting its staff by a third.
erik voorhees
By Zack SewardBrady Dale
Jan 8, 2019 at 9:40 p.m. UTC
Jan 8, 2019
ShapeShiftNewsLayoffs