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Layoffs
Dapper Labs Cuts 22% of Staff as NFT Market Craters
Sales volume for Dapper Labs' NBA Top Shot has declined to $2.6 million from $224 million in February 2021.

Crypto Exchange BitMEX Cuts Staff as It Pivots Back to Derivatives Strategy
The layoffs come one week after CEO Alexander Hoeptner left the company.

Digital Currency Group Promotes Mark Murphy to President, Cuts Nearly 13% Staff: Report
Around 10 employees left the Connecticut-based firm, bringing its headcount to 66.

Crypto Trading Firm NYDIG Lays Off About 33% of Staff
The layoffs had been going on for "several weeks," one person told CoinDesk.

Market Maker GSR Cuts Staff Amid Crypto Winter
The trading shop cut less than 10% of staff to “continue to position our business for long-term growth,” a spokesperson told CoinDesk

Crypto Exchange Crypto.com’s Downsizing Larger Than Previously Reported: Ad Age
In addition to job cuts of as much as 40% of staff, the company has also been pulling back from marketing deals, according to the story.

Indian Crypto Exchange WazirX Lays Off Roughly 40% of Its Employees: Sources
The eliminated workers were told they would be paid for 45 days.

Ethereum Merge Vastly Increased Stakefish’s Profile, but 25% of Its Employees Are Gone Anyway
Layoffs at stakefish took effect on the same day as the Ethereum Merge – just as they were set to play a key role in securing the revamped blockchain.

Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions
About 45 employees will be laid off from the firm, which was valued at over $1 billion a year ago.
