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Layoffs
Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit.

Binance Slashes Worker Benefits as Profit Falls: WSJ
Just last week, it was reported that Binance has cut more than 1,000 employees around the world.

Binance Has Cut 1,000 Workers in Recent Weeks: WSJ
The layoffs were happening globally as the exchange deals with regulatory challenges and ongoing investigations.

Dapper Labs Lays Off 51 as NFT Market Stays Chilly
The newest cuts are the third round for the company in the past year.

Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally
While some departments were subject to layoffs, the stablecoin issuer will continue to hire in other areas.

Robinhood Sheds Jobs for Third Time Since April 2022: WSJ
The company made the cuts as it adjusts to a slowdown in customer trading activity.

Binance.US Cuts Staff After SEC Suit, Citing ‘Very Costly Litigation Process’
Reports suggest about 10% of the company’s employees were laid off.

Binance Says 'Reevaluating' Roles After Report of Layoffs
A report by independent journalist Colin Wu suggested sizable layoffs at the crypto exchange have already begun.

DeFi Protocol Balancer Cuts Budget, Slashes Headcount Ahead of Strategy Pivot
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand.

Disney Lays Off Metaverse Team: Report
Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction.
