Layoffs

Blockchain.com Cuts Staff as Crypto Layoff Wave Persists

Blockchain.com Cuts Staff as Crypto Layoff Wave Persists
Blockchain.com Cuts Staff as Crypto Layoff Wave Persists
January 12, 2023  |  Cryptocurrency

Cryptocurrency trading platform Blockchain.com is reportedly cutting 28% of its workforce. “The crypto ecosystem is facing significant headwinds as its course corrects from the challenges...

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Supply Chain Tech Firm Flexport Lays Off 20% of Workforce
Supply Chain Tech Firm Flexport Lays Off 20% of Workforce
January 11, 2023  |  Personnel

Supply chain tech firm Flexport is laying off 20% of its global workforce. Flexport Co-CEOs Dave Clark and Ryan Petersen said in a note to...

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Binance Boosts Hiring Amid Wave of Crypto Layoffs
Binance Boosts Hiring Amid Wave of Crypto Layoffs
January 11, 2023  |  Cryptocurrency

In the midst of a rash of crypto layoffs, Binance is reportedly in hiring mode. The world’s largest cryptocurrency exchange hopes to increase its workforce...

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As Crypto Contagion Spurs Coinbase Layoffs, Bitcoin is Remarkably Steady
As Crypto Contagion Spurs Coinbase Layoffs, Bitcoin is Remarkably Steady
January 10, 2023  |  Bitcoin

As the crypto industry contagion continues to spread and add casualties, bitcoin is conversely looking steady. Bitcoin, the first and most widely recognized virtual currency,...

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Coinbase Cuts Staff by Another 20% to Weather Crypto Downturn
Coinbase Cuts Staff by Another 20% to Weather Crypto Downturn
January 10, 2023  |  Cryptocurrency

Coinbase will reduce its workforce by 20% as it tries to weather the crypto market downturn. CEO Brian Armstrong announced the cuts — which affect...

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Goldman to Report $2B Loss in Credit Card, Installment Businesses
Goldman to Report $2B Loss in Credit Card, Installment Businesses
January 08, 2023  |  Earnings

Goldman Sachs is reportedly set to unveil a $2 billion loss in its new business. The loss in its credit card and installment-lending business Platform...

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Report: Rising Job Losses Could Affect Restaurant Automation and Hiring
Report: Rising Job Losses Could Affect Restaurant Automation and Hiring
January 08, 2023  |  Economy

A sluggish job market and ongoing layoffs could bring relief to restaurants and other hourly wage industries struggling to stay fully staffed. That’s according to...

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Staff Cuts at Amazon Stores Signal eCommerce Turbulence Ahead
Staff Cuts at Amazon Stores Signal eCommerce Turbulence Ahead
January 05, 2023  |  Technology

Recent layoff announcements point to a rocky start of 2023 for eCommerce. Businesses, in general – especially smaller ones — benefit from the expertise and...

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