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Layoffs
Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say
The reductions come amid a crypto market crash, and after the return of Ignite’s controversial ex-CEO.
Huobi Global Could Cut Over 30% of Workforce as China Crackdown Leads to Fall in Revenue
China's decision to ban crypto trading last year caused Huobi a sharp drop in revenue.
Australian Crypto Exchange Banxa Lays Off 70
The company cited the "crypto winter" for the move that reduced its staff by 30%.
European Crypto Exchange Bitpanda Cuts Staff by Hundreds
Bitpanda announced it is reducing its employee count to 730, down from about 1,000.
Bybit to Reduce Workforce as Crypto Slump Drives Cost-Cutting Measures
The crypto exchange is looking to remove overlapping functions and build smaller, more agile teams, it told CoinDesk.
Binance, Kraken and Polygon Accelerate Hiring in Response to Industry-Wide Job Cuts
Coinbase, BlockFi and Crypto.com are among the crypto-related companies announcing layoffs this week.
Coinbase’s Abrupt Hiring Reversal Blindsided Would-Be Employees
Coinbase announced it would rescind offers, surprising recruits who told CoinDesk they believed their new roles would be safe.
Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?
Coinbase, Gemini and other crypto exchanges are laying off employees. Things could get worse from here – but there’s reason to hope for a soft landing.
