Layoffs


Finance

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.

(Shutterstock)

Finance

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 Logo (Danny Nelson/CoinDesk)

Finance

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.

(Nikhilesh De/CoinDesk)

Web3

Dapper Labs Lays Off 51 as NFT Market Stays Chilly

The newest cuts are the third round for the company in the past year.

Dapper Labs CEO Roham Gharegozlou (Vivien Killilea/Getty Images)

Finance

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.

(Sandali Handagama/ CoinDesk)

Finance

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.

(Unsplash)

Finance

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.US CEO Brian Shroder (Binance.US)

Finance

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.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Finance

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. 

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Finance

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.

(Tyler Nix/Unsplash)