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Layoffs

Australia-based crypto exchange Swyft announces job cuts. (Stanbalik/Pixabay)
Finance
Australia
Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reducing Workforce by 35%
The exchange said that it doesn't have any direct exposure to FTX, although the job cuts are a result of the crypto downturn caused by FTX.
Australia-based crypto exchange Swyft announces job cuts. (Stanbalik/Pixabay)
By Parikshit Mishra
Dec 5, 2022 at 7:17 a.m. UTC
Dec 5, 2022
AustraliaCrypto ExchangeLayoffs
Skyscrapers in Dubai (Kent Tupas/Unsplash)
Finance
Bybit
Bybit to Lay Off 30% of Staff Amid Crypto Winter
The exchange is trying to "refocus" amid a "deepening bear market," its CEO said on Twitter.
Skyscrapers in Dubai (Kent Tupas/Unsplash)
By Eliza Gkritsi
Dec 5, 2022 at 6:41 a.m. UTC
Dec 5, 2022
BybitLayoffsBear marketDubai
(CoinDesk)
Finance
Kabul
Kraken Cuts 30% of Workforce Amid Crypto Winter
The crypto exchange is laying off 1,100, after saying it was in hiring mode earlier this year.
(CoinDesk)
By Danny Nelson
Nov 30, 2022 at 4:21 p.m. UTC
Nov 30, 2022
KabulCrypto ExchangeLayoffsCrypto Winter
Lemon Cash co-founders Borja Martel Seward and Marcelo Cavazzoli. (Lemon Cash)
Finance
Argentina
Argentine Crypto Exchange Lemon Sheds Roughly 100 Jobs, Cites Challenging Industry Conditions
Reasons for the 38% cut also include uncertainty in the venture capital market, CEO Marcelo Cavazzoli said.
Lemon Cash co-founders Borja Martel Seward and Marcelo Cavazzoli. (Lemon Cash)
By Andrés Engler
Nov 24, 2022 at 4:10 p.m. UTC
Nov 24, 2022
ArgentinaBrazilLayoffsLemon CashCrypto Exchange
Coinbase CEO Brian Armstrong speaks at Consensus 2019 (CoinDesk)
Finance
Coinbase
Coinbase Sheds Roughly 60 Jobs as Cost-Cutting Continues Amid Bear Market
The crypto exchange called the latest reductions “isolated and targeted.”
Coinbase CEO Brian Armstrong speaks at Consensus 2019 (CoinDesk)
By Michael Bellusci
Nov 10, 2022 at 9:24 p.m. UTC
Nov 10, 2022
CoinbaseLayoffsJobsRetail InvestorsCrypto Exchange
Meta Platforms CEO Mark Zuckerberg (Shutterstock)
Finance
Facebook
Meta Platforms Slashes Over 11,000 Jobs, 13% of Its Workforce
The job cuts come from across its businesses, including its apps and metaverse divisions.
Meta Platforms CEO Mark Zuckerberg (Shutterstock)
By Parikshit Mishra
Nov 9, 2022 at 11:54 a.m. UTC
Nov 9, 2022
FacebookMetaLayoffsWeb3
Mythical Games CEO John Linden (Slaven Vlasic/Getty Images)
Web3
Mythical games
Web3 Gaming Studio Mythical Games Lays Off 10% of Its Employees
Three executives departed the developer of Web3 video games earlier this week.
Mythical Games CEO John Linden (Slaven Vlasic/Getty Images)
By Cam Thompson
Nov 4, 2022 at 9:50 p.m. UTC
Nov 4, 2022
Mythical GamesNFTWeb3 gamingLayoffs
NBA Top Shot (Dapper Labs)
Markets
Nba top shot
Dapper Labs Cuts 22% of Staff as NFT Market Craters
Sales volume for Dapper Labs' NBA Top Shot has declined to $2.6 million from $224 million in February 2021.
NBA Top Shot (Dapper Labs)
By Sam Reynolds
Nov 3, 2022 at 3:24 a.m. UTC
Nov 3, 2022
NBA Top ShotDapper LabsNFTLayoffs
(Pradit.Ph/Shutterstock)
Finance
Layoffs
Crypto Exchange BitMEX Cuts Staff as It Pivots Back to Derivatives Strategy
The layoffs come one week after CEO Alexander Hoeptner left the company.
(Pradit.Ph/Shutterstock)
By Oliver Knight
Nov 2, 2022 at 9:25 a.m. UTC
Nov 2, 2022
LayoffsBitMEXFutures