Browsing Tag
Layoff
25 posts
Matter Labs to cut 16% of workforce amid organizational restructuring
Matter Labs, the key developer behind the Ethereum layer-2 solution ZKsync, has announced it will reduce its workforce…
Yuga Labs CEO announces layoffs, focusing on ‘getting back to roots’
Yuga Labs will restructure, expecting to result in team members’ layoffs.
Polygon Labs cuts 19% of staff, increases compensation for remaining team
Polygon Labs’ CEO announced the departure of 60 staff members, representing 19% of its workforce.
Blackrock plans layoffs, amid ESG pullback and Spot ETF approval
The impending reduction of approximately 600 positions mirrors the BlackRock approach from 2023, where layoffs were aligned with…
Most notable crypto bankruptcies in 2023
Explore the list of crypto bankruptcies in 2023, including detailed insights into the collapse of major exchanges. It’s…
Bittrex Global ceases trading amid operations wind down
Bittrex Global is set to cease its trading operations globally on Dec. 4, following its U.S. arm’s legal…
Ava Labs axes 12% of staff to redirect efforts towards expansion
Ava Labs, the team developing the Avalanche blockchain, has announced a 12% reduction in its workforce, attributing the…
OpenSea CEO announces layoffs for half of workforce
Ethereum’s oldest NFT marketplace is downsizing its workforce as part of a “2.0 strategy” focused on community, product,…
Yuga Labs targets Otherside development after restructuring, CEO states
According to CEO Daniel Alegre, Yuga Labs has completed its restructuring process and is now focusing on its…
Ledger cuts 12% of staff
The CEO and chair of Pascal Gauthier announces the firm will be cutting its staff by 12% in…