Layoff

Layoff

Binance Lays Off Dozens of Employees With Plans To Trim US Workforce Amid Regulatory Pressure

The world’s largest crypto exchange by trading volume is reportedly downsizing amid mounting pressure from federal investigations. The Wall Street Journal reports that Binance already terminated dozens of its employees last week, some of whom were told their jobs were redundant while others were let go ...Read More

THE CRYPTO CULLING: Thousands of employees are getting the axe as companies face plunging valuations, scandals, and legal turmoil

In the early days of January, several major companies in the cryptocurrency industry, such as Genesis, Coinbase, Blockchain.com, and Crypto.com, announced plans to significantly reduce their workforces. For a few of these companies, such as Crypto.com and Genesis, this marks the second round of layoffs within ...Read More