Layoffs


Markets

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.

NBA Top Shot. (Dapper Labs)

Finance

Crypto Exchange BitMEX Cuts Staff as It Pivots Back to Derivatives Strategy

The layoffs come one week after CEO Alexander Hoeptner left the company.

Despidos en el exchange Bullish.com. (Pradit.Ph/Shutterstock)

Finance

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.

Barry Silbert. CEO y fundador de Digital Currency Group.

Finance

Crypto Trading Firm NYDIG Lays Off About 33% of Staff

The layoffs had been going on for "several weeks," one person told CoinDesk.

La firma de trading NYDIG despidió 30% de su fuerza laboral. (Kenny Eliason/Unsplash)

Finance

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

The cuts came in the third quarter. (Danny Nelson/CoinDesk)

Finance

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.

CoinDesk placeholder image

Finance

Indian Crypto Exchange WazirX Lays Off Roughly 40% of Its Employees: Sources

The eliminated workers were told they would be paid for 45 days.

WazirX CEO Nischal Shetty (WazirX)

Finance

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.

(Unsplash)

Finance

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.

TrueLayer to lay off 10% of its staff. (Pawel Chu/Unsplash)