News with the tag "Lay Off"

CoinDesk CEO Kevin Worth was fired as part of a large-scale restructuring. According to CoinDesk, Worth, who has led crypto media since 2017, lost his job due to a restructuring initiated by the new owner of the media, event, and…

Financial payment processing firm Block Inc., co-founded by Twitter creator Jack Dorsey, has reportedly laid off more than 1,000 staff members. According to a Jan. 30 report, Block fired a The post Jack Dorsey’s Block Laid Off More Than 1,000 Workers, Citing ‘Leaner’ Operations appeared first on Bit...

Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal.

Epic Games, the company behind the popular video game Fortnite, announced that it would be laying off some of its employees due to expenses exceeding revenue

Binance US, the American subsidiary of the crypto exchange giant, has laid off 100 employees, or a third of its staff, following the departure of its CEO. Bloomberg reports that the former CEO, Brian Shroder, who joined Binance in September…

CoinDCX, a top Indian cryptocurrency exchange, is slashing 12% of its staff as a prolonged bear market and the nation’s tax policies impact revenue. Founded in 2018 by Neeraj Khandelwal and Sumit Gupta, the Mumbai-based cryptocurrency exchange employs approximately 590…

Dapper Labs announces layoffs of 51 colleagues in a bid to ensure a lean and innovative future. This comes as the second round of lay-offs within a years time.

Artificial intelligence will soon make its appearance in one of Europe’s best-selling tabloid newspapers, but only to support journalistic work, not replace it.

Artificial intelligence will soon make its appearance in one of Europe’s best-selling tabloid newspapers.

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 costs p...