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Layoffs
Fidelity International-Backed Exchange OSL Cuts Workers Amid Crypto Winter: Bloomberg
Hugh Madden, CEO of OSL's parent company, cited current market conditions.
Crypto.com Cuts 20% Workforce as Firm Braces for Crypto Winter
The exchange is the latest among the major crypto firms to announce layoffs.
Crypto Brokerage Blockchain.com Lays Off 28% of Workforce as Industry's Cruel Winter Continues
The company is shedding 110 staffers in a bloody week of layoffs across the crypto sector.
Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff
CoinDesk estimates nearly 27,000 jobs have been lost across the crypto industry since April, based on media reports and press releases.
Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages
The exchange expects the restructuring to cost $149 million to $163 million.
NFT Marketplace SuperRare Cuts Staff by 30%
CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months.
Huobi's HT Token Turbulent as Exchange Confirms 20% Headcount Reduction
Exchange volume has dropped by 23% as market concern grows around the health of Huobi.
Crypto Conglomerate DCG Closes Wealth-Management Business
The division reportedly had more than $3.5 billion in assets.
Crypto Lender Genesis Lays Off 30% More of Its Staff
The job cuts come a day after the company said it would be “reducing costs and driving efficiencies” amid a challenging environment for crypto companies.
