1 / 1 Relevant items tagged with #Employees

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20% of Binance’s new hires this year will be in compliance, says CEO

[Aug 22 5:35 AM] The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments. 

Tether to double its workforce to 200 by mid-2025: Report

[Aug 9 5:53 AM] The stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies.

OpenAI staff tells board to resign after Sam Altman ousting: Report

[Nov 20, 2023 9:19 AM] 505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman.

Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion

[Nov 6, 2023 10:06 PM] Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal.

Dev platform Stack Overflow axes 28% of staff as AI competition grows

[Oct 16, 2023 10:33 PM] The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022.

Chainalysis axes another 15% of staff citing difficult market conditions

[Oct 2, 2023 9:27 PM] The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper.

Binance CEO brushes off negativity, assures firm has 'no liquidity issues'

[Sep 7, 2023 5:15 PM] Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks.

Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring

[Jul 15, 2023 2:00 PM] Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was…

Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump

[Jul 12, 2023 9:00 PM] NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February.

Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company

[May 16, 2023 4:00 AM] The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has…

7,800 jobs at IBM could be replaced by AI within years, suggests CEO

[May 1, 2023 11:01 PM] Arvind Krishna, the chief executive of IBM, said roughly 30% of their non-customer-facing positions could be covered by artificial intelligence over a five-year period.

Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

[Apr 4, 2023 6:30 PM] Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may…

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

[Mar 30, 2023 1:30 PM] Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense…

London Crowned World’s Leading Cryptocurrency Hub, According to Study

[Feb 1, 2023 7:00 PM] According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the…

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

[Jan 6, 2023 1:30 PM] The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports…

FTX resumes paying staff and contractors after weeks in limbo

[Nov 28, 2022 8:08 PM] The payments will exclude former FTX CEO Sam Bankman-Fried, and certain former execs including Gary Wang, Nishad Singh, and Alameda's Caroline Ellison.

FTX collapse could see crypto sector layoffs accelerate

[Nov 14, 2022 11:54 PM] While the full impact of FTX’s collapse is still unfolding, some have already warned of an increase in layoffs to come “in the months to follow.”