Digital Currency Group Promotes Mark Murphy to President, Cuts Nearly 13% Staff: Report
Around 10 employees left the Connecticut-based firm, bringing its headcount to 66.
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Nov 2, 2022 at 8:49 a.m. UTC
Nov 2, 2022
Layoffs
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Crypto Trading Firm NYDIG Lays Off About 33% of Staff
The layoffs had been going on for "several weeks," one person told CoinDesk.
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Oct 14, 2022 at 1:50 a.m. UTC
Oct 14, 2022
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Market Maker GSR Cuts Staff Amid Crypto Winter
The trading shop cut less than 10% of staff to “continue to position our business for long-term growth,” a spokesperson told CoinDesk
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Oct 11, 2022 at 4:58 p.m. UTC
Oct 11, 2022
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Crypto Exchange Crypto.com’s Downsizing Larger Than Previously Reported: Ad Age
In addition to job cuts of as much as 40% of staff, the company has also been pulling back from marketing deals, according to the story.
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Oct 6, 2022 at 5:15 p.m. UTC
Oct 6, 2022
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Indian Crypto Exchange WazirX Lays Off Roughly 40% of Its Employees: Sources
The eliminated workers were told they would be paid for 45 days.
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Oct 1, 2022 at 9:11 a.m. UTC
Oct 1, 2022
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Ethereum Merge Vastly Increased Stakefish’s Profile, but 25% of Its Employees Are Gone Anyway
Layoffs at stakefish took effect on the same day as the Ethereum Merge – just as they were set to play a key role in securing the revamped blockchain.
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Sep 23, 2022 at 4:00 a.m. UTC
Sep 23, 2022
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Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions
About 45 employees will be laid off from the firm, which was valued at over $1 billion a year ago.
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Sep 16, 2022 at 11:51 a.m. UTC
Sep 16, 2022
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Social Media Giant Snap Disbands Web3 Team Amid Mass Layoffs
The company, which reported its lowest growth numbers in five years during the second quarter, will lay off a fifth of its staff.
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Sep 1, 2022 at 9:50 p.m. UTC
Sep 1, 2022
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Second Round of Layoffs at Brazilian Crypto Unicorn 2TM
2TM was valued at $2.1 billion in July 2021 after its holding Mercado Bitcoin received a $200 million investment from Softbank's Latin America Fund.
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Sep 1, 2022 at 9:23 p.m. UTC
Sep 1, 2022
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Blockchain Firm Skynet Labs Shutters After Failing to Get New Funding
Skynet Labs was formed to promote decentralized internet platform Skynet.
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Aug 12, 2022 at 9:43 p.m. UTC
Aug 12, 2022