layoffs

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

According to reports, Meta plans to lay off over 10% of its UK employees and abandon Instagram\’s new center in London. An internal document shows that Meta will lay off at least 68

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

According to reports, during a community conference call on Thursday, Orb Collective, the service provider of DeFi Liquidity Agreement Balancer, revealed that they are cutting oper

According to reports, the record industry giant Warner Music Group previously announced that it would lay off 270 employees, accounting for about 4% of its global total employees.

According to reports, Copper, a crypto hosting company, said that in the difficult market environment affecting the crypto industry, the company has streamlined its business and faced layoffs of up to 15% of its employees. Interpretation of this information: The recent announcement from Copper about laying off up to 15% of its employees due to the challenging market conditions in the crypto industry paints a clear picture of how the economic landscape is changing for many companies. Copper, a crypto hosting company that claims to offer secure and reliable storage…

According to reports, Copper, a crypto hosting company, said that in the difficult market environment affecting the crypto industry, the company has streamlined its business and faced layoffs of up to 15% of its employees. Interpretation of this information: The cryptocurrency industry has been hit hard by the current difficult market environment, resulting in companies within the industry making tough decisions, like streamlining their business and laying off employees to remain competitive. Copper, a cryptocurrency hosting company, has become the latest firm to announce a reduction in its workforce. Reports…

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. Interpretation of this information: The news of Copper closing its software and infrastructure development department has caught many people off-guard. The decision to shift focus to the…

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. Interpretation of this information: The article reports that the Silicon Valley Bank has laid off around 100-120 employees in January 2021, which accounts for approximately 1.4% of the total workforce. As per the internal document, the layoffs were primarily focused on non-customer-oriented jobs in recruitment, indicating a shift in…

According to reports, Bitstamp, the cryptocurrency exchange, recently reduced the number of employees by 30%, from about 650 in September last year to 450 in February. However, Bitstamp CEO Jean Beatiste stated in an interview that this is not a round of layoffs. Many consultants engaged in licensing, strategy, compliance, and safety have completed their projects, all of whom completed their tasks at the end of last year. Interpretation of this information: Bitstamp, a prominent cryptocurrency exchange, has recently reduced the number of employees by 30%. In September 2020, the…

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. Interpretation of this information: Anchorage Digital, a crypto asset custodian, has recently declared that…

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 of layoffs will be roughly the same as that of 13% layoffs last year. People familiar with the matter said that the first wave of the new round of layoffs is expected to be announced next week. Non-engineering jobs may be particularly affected. At the same time, Meta is expected to close some projects and teams. People familiar with the matter said that 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 round of layoffs with a proportion of up to 13%, Meta cut 11000 employees, which is the company’s first large-scale layoffs. The source also said that the upcoming round of layoffs was driven by its financial goals. Meta has seen the slowdown in advertising revenue and shifted its focus to a virtual reality platform called “Meta Universe”. The company has…

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, this move involves some engineering teams, including advertising technical support, Twitter main applications and technical infrastructure teams. Twitter hasn’t commented on this yet. Interpretation of this information: Twitter, the popular social media platform, has reportedly laid off dozens of employees in an effort to mitigate the impact of revenue decline. Though the company has not officially commented on the move, sources suggest…

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 on Wednesday, Roham Gharegozlou, CEO of Dapper Labs, announced “corporate restructuring” and layoffs. He said that as part of the restructuring, we made a difficult decision to lay off 20% of the staff. He also said that the company “has a good cash position and no outstanding debts”. Last November, Dapper Labs laid off 22%. However, a few months before…

It is reported that Meta is preparing to carry out a new round of layoffs, and entrusts human resources, lawyers, financial experts and senior executives to make plans to reduce the company’s hierarchy. This restructuring and layoffs may affect thousands of employees. According to an insider who didn’t want to be named, Meta plans to push some leaders to lower positions without direct report, so as to flatten the management level between Meta CEO Zuckerberg and company interns. With the expansion of the team size, other managers may eventually manage…

According to reports, according to people familiar with the matter, GSR, a cryptocurrency market maker, has implemented further layoffs, affecting 5% to 10% of its employees. Two of the sources said that the reduction was close to 5%, not 10%. However, according to another person familiar with the matter, some employees also resigned voluntarily due to the lower than expected bonus in January. Interpretation of this information: GSR, a cryptocurrency market maker, has reportedly implemented further layoffs, affecting between 5% and 10% of its employees. Although two sources suggest that…