Layoffs

Kraken Lays Off 1,100 Citing Lower Crypto Trading Volume

Kraken Lays Off 1,100 Citing Lower Crypto Trading Volume
Kraken Lays Off 1,100 Citing Lower Crypto Trading Volume
November 30, 2022  |  Cryptocurrency

Cryptocurrency exchange Kraken has laid off 1,100 employees in response to the current crypto winter.  The reduction amounts to 30% of the firm’s global workforce and...

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DoorDash Staff Cuts Underscore Consumer Delivery Pullback
DoorDash Staff Cuts Underscore Consumer Delivery Pullback
November 30, 2022  |  Delivery

DoorDash is the latest casualty of surging costs and changing consumer tastes. As reported Wednesday (Nov. 30), the food delivery aggregator said it was laying...

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Zilch Latest BNPL Firm to Lay Off Staff
Zilch Latest BNPL Firm to Lay Off Staff
November 29, 2022  |  BNPL

U.K.-based BNPL firm Zilch is reportedly laying off staff as it looks to cut costs. The Zilch layoffs, first reported in the Evening Standard on...

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UK Firms Recruit Laid-Off Tech Workers as Part of Digital Innovation Strategies
UK Firms Recruit Laid-Off Tech Workers as Part of Digital Innovation Strategies
November 28, 2022  |  Economy

It appears no country has been spared from the successive waves of layoffs taking place in the technology industry this year. The U.K. for example,...

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Amazon’s Jassy Says Layoffs to Stretch Into ‘23
Amazon’s Jassy Says Layoffs to Stretch Into ‘23
November 17, 2022  |  Retail

Amazon’s job cuts will continue into next year, adding to those that have already been announced, as the company’s leaders are only midway through their...

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Amazon Begins Layoffs in Devices & Services Organization 
Amazon Begins Layoffs in Devices & Services Organization 
November 16, 2022  |  Retail

Amazon has notified employees of layoffs after deciding to consolidate some teams and programs within its Devices & Services organization.  The firm did not specify...

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Bitcoin Futures Investment Firm Valkyrie Cuts 30% of Staff
Bitcoin Futures Investment Firm Valkyrie Cuts 30% of Staff
November 14, 2022  |  Personnel

Digital asset investment firm Valkyrie Investments has reportedly cut about one-third of its 23-person staff over the last few weeks, joining many other companies in...

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Report: Amazon to Lay Off 10,000 Employees
Report: Amazon to Lay Off 10,000 Employees
November 14, 2022  |  Retail

Amazon is reportedly looking to lay off approximately 10,000 employees this month, the first and largest such move in the company’s history. According to a...

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