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Layoffs
Payments Company Affirm Is Shutting Down Its Crypto Business
During the bull market of 2021, Affirm had joined a number of fintech firms in offering clientele the ability to buy and sell crypto.

Filecoin Creator Protocol Labs Cuts 21% of Staff
The company cited the current economic situation and crypto winter as the reasons behind its decision.

Crypto Exchange Bittrex Laying Off More Than 80 People
CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts.

Blockchain Analytics Firm Chainalysis to Cut Jobs in Reorganization
The cuts will affect less than 5% of Chainalysis' staff, or about 40-50 people.

Crypto Services Company Prime Trust Lays Off One-Third of Staff
The cost-cutting measure comes after a rocky start to 2023 for the Las Vegas-based company.

Tech’s Money Woes: Beginning of the End for Web2?
Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised "Big Tech" over the past year. But that doesn't automatically portend the end of Web2. For Web3 to emerge, we have to address key questions about AI and decentralization.

Jihan Wu's Matrixport Cuts 10% of Staff
At press time, Matrixport had more than 290 employees serving customers in 40 countries.

Crypto Exchange Luno Cutting 35% of Its Staff
Luno said the cuts will affect employees in all regions.

Crypto Exchange Gemini Cutting Another 10% of Staff: Report
Gemini has been swept up in the problems of crypto lender Genesis Global Capital, with which it partnered on an interest-earning product.

ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over 'Ridiculous' CeFi
A total of 97 employees, or 11% of the workforce, will be affected, according to a blog post by the CEO.
