Layoffs

(Pradit.Ph/Shutterstock)
Broker Robinhood Slashing Nearly One-Quarter of Workforce
Crypto business rose for the company in the second quarter even as overall trading revenue slipped.
(Pradit.Ph/Shutterstock)

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Blockchain.com Cuts 25% of Its Workforce Amid Crypto Bear Market
The digital assets trading firm said it will shutter its Argentina-based offices and halt its expansion plans in several countries.
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OpenSea is preparing for the possibility of an extended crypto downturn. (OpenSea/CoinDesk, modified PhotoMosh and BeFunky)
OpenSea Lays Off Roughly 20% of Its Staff
CEO Devin Finzer cited an “unprecedented combination of crypto winter and broad macroeconomic instability.”
OpenSea is preparing for the possibility of an extended crypto downturn. (OpenSea/CoinDesk, modified PhotoMosh and BeFunky)

KuCoin told CoinDesk it isn't reducing its headcount. (Joao Viegas/Unsplash)
KuCoin Denies Layoff Rumors, Says It's Hiring 300
The crypto exchange plans to add employees in tech, compliance and marketing.
KuCoin told CoinDesk it isn't reducing its headcount. (Joao Viegas/Unsplash)

Layoffs come to Bullish.com. (Pradit.Ph/Shutterstock)
Crypto Exchange Bullish.com Reportedly Cuts About 10% of Workforce
The company last week extended the deadline to complete its SPAC merger until the end of 2022.
Layoffs come to Bullish.com. (Pradit.Ph/Shutterstock)

Celsius has joined a growing list of crypto companies reducing headcount during the market downturn. (Virojt Changyencham/Getty Images)
Crypto Lender Celsius Cuts 150 Jobs Amid Restructuring: Report
Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis.
Celsius has joined a growing list of crypto companies reducing headcount during the market downturn. (Virojt Changyencham/Getty Images)

Lending platform Vauld suspended withdrawals, trading and deposits. (Shutterstock)
Lending Platform Vauld Looks to Restructure Amid Crypto Downturn, Suspends Transactions
Vauld has seen around $198 million in withdrawals since June 12.
Lending platform Vauld suspended withdrawals, trading and deposits. (Shutterstock)

Ignite's future is uncertain after major staff cuts and a contentious re-organization. (Issy Bailey/ Unsplash)
Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say
The reductions come amid a crypto market crash, and after the return of Ignite’s controversial ex-CEO.
Ignite's future is uncertain after major staff cuts and a contentious re-organization. (Issy Bailey/ Unsplash)

Huobi could reduce workforce by over 30% (Shutterstock)
Huobi Global Could Cut Over 30% of Workforce as China Crackdown Leads to Fall in Revenue
China's decision to ban crypto trading last year caused Huobi a sharp drop in revenue.
Huobi could reduce workforce by over 30% (Shutterstock)

Staff leaving (Joao Viegas/Unsplash)
Australian Crypto Exchange Banxa Lays Off 70
The company cited the "crypto winter" for the move that reduced its staff by 30%.
Staff leaving (Joao Viegas/Unsplash)