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Paxos Reduces Workforce By 20% Despite Robust Finances And Optimistic Growth Projections

As reported on June 12, stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections.

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Fireblocks Crypto Custody Firm Announced Plans To Reduce Workforce

Crypto custody provider Fireblocks has announced its plans to reduce its workforce as part of a restructuring effort. In a.

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Kyber Network Suffers $48 Million Breach, Reduces Workforce By 50%

Decentralized finance (DeFi) platform Kyber Network has taken significant steps to address the aftermath of a massive security breach in.

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Blockchain.com Hired New Senior Vice President, To Expands Workforce By 25%

Blockchain.com has hired a new senior vice president and has plans to grow its workforce 25% in Q1 2024.  It.

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Coinbase Is Looking to Expand Its Employee Base With Indian Workers

After facing discontinuation of services in its Indian operations and conducting multiple rounds of layoffs in 2022, continuing into 2023,.

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Blockchain News

Robinhood to Lay Off 150 Employees in Third Round of Job Cuts

Online brokerage firm Robinhood Markets is reportedly planning to lay off approximately 150 full-time employees, constituting 7% of its workforce..

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Nansen Joins List of Crypto Firms Facing Staff Reductions Amid Challenging Market Conditions

On May 30, blockchain analytics business Nansen reported a major reduction in its worker count in reaction to the severe.

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IBM to Pause Hiring for Automatable Back-Office Roles as AI Takes Center Stage

IBM intends to suspend recruiting for “back-office” positions that can be automated by artificial intelligence (AI). In a recent interview.

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Blockchain News

25% Workforce Cut by Blockchain.com

Recently Blockchain.com, a Crypto financial service company, announced cutting off its staff by 25%. The list of companies laying off.

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