Browsing Tag
Layoff
28 posts
Ethereum Foundation lays off 20% of workforce in major restructuring
Ethereum Foundation has cut roughly 20% of its workforce, eliminating 54 positions as part of a sweeping organizational…
China court rules companies canât replace employees with AI to cut costs
A Chinese court has ruled that companies cannot legally dismiss employees solely to replace them with cost-saving artificial…
Wave of crypto layoffs in 2026: Macro headwinds or AI shift?
A wave of crypto layoffs hits major firms in 2026, citing macro conditions and AI integration as causes…
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 âgetting back to rootsâ
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 approvalÂ
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. Itâs…
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…