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 in the stablecoin.
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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 recent interview, Fireblocks.
Crypto News
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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 November by reducing.
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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 is also eyeing.
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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, global crypto exchange.
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. This marks the.
Blockchain News
Crypto News
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 market conditions and.
AI News
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 with Bloomberg, IBM.
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 employees seems to.