Cryptocurrency News

Moonvember kicks off with sweeping staff layoffs across crypto


Moonvember kicks off with sweeping staff layoffs across crypto

 

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The crypto and tech industry has seen a slew of staff cuts this week against a backdrop of difficult market conditions, though on a positive note, some are bucking the trend.

Crypto companies, including crypto exchanges, venture capital firms and blockchain developers, have been forced to reduce headcount in order to stay nimble amid the bear market. Some, however, have done the opposite, opening up offices in new locations and markets.

Stripe cuts around 1,000 staff

Dapper Labs cuts 22% of headcount

Digital Currency Group lays off 10% of staff: Report

Galaxy Digital reportedly eyeing 20% workforce drawdown

BitMEX makes staff cuts amid strategy pivot

Coinbase (NASDAQ:COIN) CPO quits to take a breather

OKX opens in the Bahamas — plans to hire 100 locals

Paxos adding 130 heads in Singapore

Source

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