Anchorage Digital Lays Off 20% of Staff As Other Crypto-Friendly Banks Shutdown
Cryptocurrency bank Anchorage Digital will lay off approximately one-fifth of its staff, according to a report from Bloomberg on March 14.
Meta to Let Go of 10,000 Employees to Boost Efficiency
In the face of economic challenges in the US, Meta, the social media behemoth, has announced job cuts to stay competitive and continue to invest in the metaverse. On March 14th, Meta CEO and founder Mark Zuckerberg revealed that the company will dismiss 10,000 employees to increase efficiency in 2023.
Blockchain.com To Wind Down Its Asset Management Arm
Blockchain.com is winding down its asset management arm, which launched last April.
Crypto Layoffs Eased Up In February Compared To The Start Of The Year
February has come to an end, and although digital asset prices are swaying in the doldrums, the industry still notched small wins. Recent data shows that during the last month, only 570 employees of virtual currency firms lost their jobs.
Dapper Labs Axes Another 20% of its Staff as Crypto Layoffs Continue
On Feb. 23, Dapper Labs CEO Roham Gharegozlou sent a letter to the team announcing a “corporate restructure” and the layoffs.
Crypto Evening Briefing: Cathie Wood's ARK Buys Over $13M of Coinbase Shares
Investment manager ARK has added a total of around $13.2 million worth of Coinbase (COIN) shares.
Crypto Analytics Firm Messari Cuts 15% of Workforce as Part of Restructuring
Crypto intelligence firm Messari has cut 15% of its employee base as part of a restructuring effort, the firm told CoinDesk.
Digital Assets Unicorn Fireblocks Firing 5% of Staff
Fireblocks, which has developed an enterprise-grade platform for moving, storing, and issuing digital assets, is laying off 30 employees, accounting for 5% of the team. This is the first time the company has laid off employees since the start of the crisis in high-tech, with around half of those leaving Fireblocks being based out of Israel.
Polygon Labs Becomes Latest Company to Slash Workforce With 100 Job Cuts
Polygon Labs announced that it will reduce its team by 20% while stating that the company maintains a robust treasury.
Polygon Labs Cuts Staff by 20% in Consolidation
Polygon Labs announced plans to reduce headcount by 20%, with about 100 staff affected.
