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Another 2 Binance US Executives Leave Crypto Exchange, Report
16.9.2023
Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal...
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
15.9.2023
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs...
Two more top executives depart Binance.US amid layoffs, SEC action: Report
14.9.2023
The Binance.US head of legal and chief risk officer have reportedly left the exchange while it faces an SEC suit
Binance.US cuts third of staff as CEO Brian Shroder leaves: Report
13.9.2023
The staff cut and departure comes amid legal action from United States regulators
Another Executive Exits Binance Amid Regulatory Scrutiny
6.9.2023
Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the leading trading platform for digital assets under...
Crypto Infrastructure Provider Qredo Slashes Staff, Cuts Annual Expenses by 35% – Bear Market Continues?
5.9.2023
Crypto infrastructure provider Qredo has announced plans to reduce staff and expenses as it navigates the challenges posed by the ongoing bear market.
Qredo has let go of approximately 50 employees, including several senior executives, according to three sources familiar with the matter.
Among...
Indian Crypto Layoffs Continue as CoinSwitch Fires 44 Employees Citing Redundancy in Roles
29.8.2023
CoinSwitch, an Indian crypto unicorn, has become the latest in the crypto layoff spree in India, announcing job cuts in its customer support and operations teams.
In a recent update from the company, a spokesperson told MoneyControl that CoinSwitch has laid off 44 employees as a part of company...
Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums
29.8.2023
The crypto investment platform laid off 44 people, or nearly 7% of its employees, about three weeks ago
The Next Big Wave Of Video Game Layoffs Is Here [Update]
24.8.2023
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...
Dragon Age And Mass Effect Fans Are Worried About Worried About BioWare's Future
24.8.2023
BioWare announced on August 23 that it wouldn’t be showing off any updates for Dragon Age: Dreadwolf and the upcoming Mass Effect game at EA Play Live, much to the disappointment of fans waiting for a glimpse at the latest entries in the beloved RPG franchises. Alongside that came the announcement...
Dragon Age And Mass Effect Studio Lays Off 50 Devs, Claims Games Are Unaffected
23.8.2023
Storied RPG developer BioWare is downsizing. The studio announced on August 23 that it will cut 50 roles as it continues production on both Dragon Age: Dreadwolf and Mass Effect 4, telling fans it needed to take a more “agile and focused” approach to game development. Read more
Dragon Age And Mass Effect Studio Lays Off 50 Devs, Claims Games Are Unaffected
23.8.2023
Storied RPG developer BioWare is downsizing. The studio announced on August 23 that it will cut 50 roles as it continues production on both Dragon Age: Dreadwolf and Mass Effect 4, telling fans it needed to take a more “agile and focused” approach to game development. Read more
Struggling Crypto Custodian Prime Trust Looks Poised for Potentially Massive Layoffs, Sources Say
11.8.2023
Nevada regulators recently ordered the crypto company, which BitGo had planned to buy, to cease operations and noted a shortfall in customer funds
NFT Now Cuts Jobs in Restructuring Move
31.7.2023
Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now’s Twitter was hacked over the weekend
KuCoin denies mass layoffs, says cuts are part of 'normal' operations
26.7.2023
KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some "personnel adjustments" in the future
Solana game developer Automata announces mass layoffs
25.7.2023
"It is with a heavy heart that I am writing today to share news about team restructuring efforts we are effectuating today," wrote CEO and co-founder Michael Wagner
Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs
25.7.2023
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit
The Overwatch League As We Know It Is Dead
19.7.2023
Things are looking dire for the Overwatch League (OWL), the competitive esports scene built around Blizzard’s popular hero shooter, as the company laid off some 50 employees on July 18.Read more
Binance CEO Confirms Layoffs, Refutes Exaggerated Figures
17.7.2023
Binance CEO Changpeng Zhao (CZ) has confirmed that his exchange is laying off people, but said numbers reported in the media are “way off.”
“As we continuously strive to increase talent density, there are involuntary terminations,” CZ wrote in a tweet this weekend, while adding “This happens...
Binance Slashes Worker Benefits as Profit Falls: WSJ
17.7.2023
Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal