Layoffs

According to reports, a document from the New York State Department of Labor shows that Meta Platforms will lay off 343 employees in its New York City office, and employees were no

On April 24th, it was reported that blockchain intelligence company TRM Labs laid off 9% of its employees last week. According to Pitchbook data, the company has approximately 200

On April 19th, Meta announced the latest round of layoffs, mainly targeting technical personnel. Meta CEO Mark Zuckerberg stated that the layoffs for the business unit will take pl

According to reports, the Web3 esports platform Community Gaming announced the layoffs of 17 employees, accounting for more than 17% of the company\’s total workforce. Chris Gonsalv

It is reported that Roofstock, a digital real estate platform, has cut 27% of its workforce again. Five months ago, it cut 20% of its workforce, aiming to adjust its scale in an ef

It is reported that Copper, a British encryption and hosting company, will close its software and infrastructure development department to focus on the Clear Loop hosting and settlement business. Copper’s corporate division focuses on providing digital asset custody and infrastructure solutions for banks and funds. Sources say layoffs have begun, but it is too early to say how many people will be affected. Encryption hosting company Copper will shut down its software and infrastructure development department Analysis based on this information:Copper, a well-known encryption and hosting company based in the United Kingdom, has made a significant decision to close down its software and infrastructure development section. This move is part of the company’s critical strategy to concentrate on its core business, the Clear Loop hosting, and arrangement service. The company’s corporate division specializes in providing digital asset custody and infrastructure solutions to Banks and other financial institutions. Copper’s aim is to strengthen its position in the digital asset custody market…

It is reported that according to NBC News, an internal document shows that Silicon Valley Bank laid off about 100-120 employees in January, accounting for about 1.4% of the bank’s 8500 employees. The layoffs mainly focus on non-customer-oriented positions in recruitment. Silicon Valley Bank has laid off 100-120 employees in January Analysis based on this information:The Silicon Valley Bank has recently been in the news for laying off employees. The NBC News reported that an internal document showed that the bank laid off about 100-120 employees in January, accounting for about 1.4% of the bank’s 8500 employees. The reason cited for the layoffs was non-customer-oriented positions in recruitment. Silicon Valley Bank is known for providing financial services to technology and life science companies. It has been serving the industry for over 35 years and has been instrumental in supporting companies to innovate and grow. The bank is headquartered in Santa Clara, California and has a presence across the globe. With…

On March 15th, Anchorage Digital announced today that it would lay off 75 employees. However, a spokesperson for the company said that its digital asset banking subsidiary, Anchorage Digital Bank, which is regulated by the United States Office of the Comptroller of the Currency, would not be affected by the layoffs, and that customer assets would not be at risk due to the recent failures of the crypto friendly banks Silvergate Bank and Silicon Valley Bank. Anchorage Digital: Banking subsidiaries will not be affected by layoffs Analysis based on this information:Anchorage Digital, a leading cryptocurrency custody and trading platform for institutional investors, has announced that it will let go of 75 employees. However, the company has ensured that its digital asset banking subsidiary, Anchorage Digital Bank, which is regulated by the United States Office of the Comptroller of the Currency (OCC), will not be impacted by the layoffs. Moreover, the spokesperson stated that Anchorage Digital Bank will continue to provide…

It is reported that Meta Platforms: it is expected to lay off about 10000 people and suspend the recruitment of about 5000 positions. It is expected that the layoff plan of the technical team will be announced in late April, which will further reduce the size of the recruitment team. It is expected that the layoff plan of the commercial team will be announced at the end of May, aiming at optimizing the proportion of engineers. Meta Platforms: It is estimated that about 10000 people will be laid off Analysis based on this information:Social media giant, Meta Platforms (formerly known as Facebook) is expected to lay off about 10,000 employees and suspend the recruitment of around 5,000 positions. The company plans to optimize its workforce by reducing the technical team and prioritizing its engineering team. The layoff plan, which is expected to be announced in late April, will further reduce the size of the recruitment team, while the commercial team…

According to reports, people familiar with the situation said that Meta plans to announce further layoffs in several rounds in the coming months, and the scale…

According to reports, US stocks were basically flat, with the Dow up 0.04%, the Nasdaq down 0.04% and the S&P 500 up 0.01%. Meta rose more than 2%, and the…

On March 7, according to people familiar with the matter, Meta is planning a new round of layoffs, with thousands of layoffs as early as this week. In the last…

On March 2, the CEO of Dapper Labs, Roham Gharegozlou, was criticized for allegedly aggravating the company\’s turbulence in layoffs and landmark NFT litigation…

According to reports, according to a person familiar with the matter, Protego Trust, the encryption and hosting company, was forced to lay off most of its empl…

According to reports, the CEO of Coinbase said that there would be no more layoffs.

Coinbase CEO: There will be no more layoffs

Interpretation of …

On March 1, the trend of layoffs in the encryption industry slowed significantly in February, with about 570 layoffs, down 80% from 2850 in January. The recent…

It is reported that in the first two months of 2023, the encryption industry has lost more than 2000 jobs, because even if the price of cryptocurrency staged a…

According to the report of the Information, Twitter laid off dozens of people on Saturday to make up for the impact of revenue decline. According to the report…

On February 25, according to data disclosed by Bloomberg, more than 2000 jobs have been laid off in the encryption industry since 2023. In addition, the three …

It is reported that the NFT developer Dapper Labs will lay off another 20%, which is less than four months from the last layoff. In an email sent to investors …