Layoffs


Finance

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.

Affirm CEO Max Levchin (John Lamparski/Getty Images)

Finance

Filecoin Creator Protocol Labs Cuts 21% of Staff

The company cited the current economic situation and crypto winter as the reasons behind its decision.

Protocol Labs co-founder and CEO Juan Benet speaks at CoinDesk's Construct 2017 conference. (CoinDesk archives)

Finance

Crypto Exchange Bittrex Laying Off More Than 80 People

CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts.

Bittrex (Shutterstock)

Finance

Blockchain Analytics Firm Chainalysis to Cut Jobs in Reorganization

The cuts will affect less than 5% of Chainalysis' staff, or about 40-50 people.

(Tom/Pixabay)

Finance

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.

(Prime Trust, modified by CoinDesk)

Opinion

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.

(Rachel Sun/CoinDesk)

Finance

Jihan Wu's Matrixport Cuts 10% of Staff

At press time, Matrixport had more than 290 employees serving customers in 40 countries.

Bitdeer founder Jihan Wu (CoinDesk)

Finance

Crypto Exchange Luno Cutting 35% of Its Staff

Luno said the cuts will affect employees in all regions.

Marcus Swanepoel, cofundador y CEO de Luno. (Luno)

Finance

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.

Tyler and Cameron Winklevoss (Joe Raedle/Getty Images)

Finance

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.

ConsenSys founder Joseph Lubin