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Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
15.7.2023
Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...
NBA Top Shot Developer Dapper Labs Continues Layoff Trend with New Round of Job Cuts
14.7.2023
Dapper Labs, the non-fungible token (NFT) collectibles company behind NBA Top Shot, recently bid farewell to an additional 51 employees, following a previous staff reduction of 20% in February earlier this year.
In an announcement by Roham Gharegozlou on July 13, the company's CEO revealed that...
Binance Cut 1,000 Workers in Recent Weeks: WSJ
14.7.2023
Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported
Dapper Labs Lays off 51 as NFT Market Stays Chilly
13.7.2023
Dapper Labs made prior cuts in February and November
Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally
12.7.2023
Stablecoin issuer Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday
Binance CEO Changpeng Zhao Reveals His Secret for Building ‘Tight Teams’: External Pressure
12.7.2023
Changpeng Zhao, CEO of Binance, the largest cryptocurrency exchange in volume traded, has revealed his secret for building a comprehensive team of employees for any startup. According to Zhao, external pressure has contributed to the unity of the team behind the exchange, and it also makes...
Niantic Lays Off 230 Employees, Moves Away From In-House Development
29.6.2023
Niantic is shuttering its Los Angeles studio and is moving away from in-house game development. As such, the Pokémon Go studio is laying off 230 employees, shuttering NBA All-World and cancelling its upcoming Marvel: World of Heroes.Read more
Robinhood Sheds Jobs for Third Time Since April 2022: WSJ
27.6.2023
Trading platform Robinhood (HOOD) has cut 7% of its full-time staff, about 150 employees, in the third round of layoffs since April 2022
Robinhood to axe 7% of full-time staff in latest round of layoffs: Report
27.6.2023
Roughly 150 full-time employees are being laid off, according to internal company messages
Studio Behind One Of 2023’s Best Games Just Laid Off A Ton Of Devs
26.6.2023
The video game industry is littered with canceled projects and bad games, so it’s amazing when something manages to 1.) get released and 2.) be really, really good. Season: A Letter To The Future checked both boxes, arriving on PlayStation 5 and PC earlier this year to some rave reviews that...
Binance.US Cuts Staff After SEC Suit, Citing ‘Very Costly Litigation Process’
15.6.2023
Binance cuts staff
Game Company That's Buying Everything Does Heel Turn, Goes All In On 'Exploiting Lord Of The Rings'
13.6.2023
Embracer Group, a Swedish holding company, has spent the last several years buying up some of the best known studios from Gearbox (Borderlands) to Crystal Dynamics (Tomb Raider) and willing itself into becoming one of the biggest publishers in gaming. Now, after suddenly losing out on $2 billion...
Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees
9.6.2023
African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees have said the startup’s ballooning marketing...
Binance CEO Changpeng Zhao on Layoffs Rumors: ‘Another Day, Another FUD’
2.6.2023
Changpeng “CZ” Zhao has answered the rumors of mass layoffs at Binance, with reports stating that up to 20% of the current workforce of the exchange might be forced to abandon their positions due to poor market conditions. Zhao declared this was another attempt at spreading FUD...
Blockchain Analytics Firm Nansen Cuts 30% of Staff Amid Market Slump
31.5.2023
Blockchain analytics firm Nansen is cutting 30% of its staff, the company’s CEO Alex Svanevik announced via Twitter on Tuesday.
Svanevik said that the decision to reduce the company’s cost base, which is “too high relative to where the company is today”, was based on the fact that Nansen...
Binance plans new round of layoffs amid increased regulatory scrutiny
31.5.2023
Binance's chief strategy officer Patrick Hillmann hinted on Twitter the resource reorganization is meant to address growing regulatory pressures targeting the crypto space
Binance Says 'Reevaluating' Roles After Report of Layoffs
31.5.2023
The firm will "focus on talent densite" ahead of the next bull market, a spokersperson told CoinDesk
The Next Big Wave Of Video Game Layoffs Is Here
24.5.2023
Despite a booming job market overall, 2023 kicked off with the biggest tech companies laying off thousands of employees. Cuts at Microsoft hit Halo Infinite devs at 343 Industries and other game teams across the company, including at Bethesda. Months later, layoffs are continuing across other...
The MultiplayerWitcher Spin-Off Game Reboots, Lays Off Developers
15.5.2023
CD Projekt Red has a bunch of Witcher games in various stages of development, and one of them appears to have just undergone a major overhaul. Project Sirius, a multiplayer Witcher spin-off has “changed,” and the studio is laying off close to 30 developers who are working on it, CDPR confirmed...
Latam Insights — Steve Hanke Advocates Dollarization in Argentina, Bitcoin City Plans Unclear in El Salvador, Sunacrip Implicated in Venezuela Layoffs
1.5.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, economist Steve Hanke calls to dollarize Argentina, Bitcoin City plans are still not formalized in El Salvador, and Venezuelan crypto watchdog...