2 / 2 Relevant items tagged with #Layoffs
Posts: 51
Posts
Disney Lays Off Metaverse Team: WSJ
[Mar 27, 2023 11:32 PM] Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction.
Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement
[Mar 22, 2023 4:30 AM] The process is just getting under way and the company, which employs just over 300 staff, said it cannot put an exact number on job losses.
Crypto Exchange Luno Rejiggers Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
[Mar 22, 2023 4:00 AM] CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
[Mar 14, 2023 10:47 PM] It's unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector.
Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil
[Mar 10, 2023 11:30 PM] According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic…
Binance ‘not planning any layoffs,’ 500 roles to be filled in H1
[Mar 2, 2023 6:35 PM] A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs.
Crypto layoffs decelerate, with layoffs falling to 570 in February
[Feb 28, 2023 9:46 PM] The number is a stark contrast to over 2,900 employees from the crypto industry let go in January.
Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions
[Feb 20, 2023 1:30 AM] According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of…
Meta Reportedly Preparing for a New Round of Layoffs
[Feb 13, 2023 11:30 PM] Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying the finalization of the budget for each one of its teams…
Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn
[Feb 5, 2023 1:30 AM] Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain network Filecoin. Benet emphasized in the blog post that it has been an…
Ebay Expands Into NFT and Web3 Space With New Job Openings
Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise
[Jan 31, 2023 12:08 AM] It was a tough month for crypto employees, with at least 14 firms announcing staff reductions, including Coinbase, Gemini, Digital Currency Group, ConsenSys and Blockchain.com.
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams
[Jan 24, 2023 1:00 AM] The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams for its VR (virtual reality) and metaverse efforts, according to reports. The company will close two projects in these areas, Altspacevr…
Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence
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…
GameStop to drop crypto efforts as Q3 losses near $95M
[Dec 8, 2022 9:00 PM] The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans.
Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more
[Nov 28, 2022 10:56 PM] Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies.
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.”