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Tag: job cuts

Parity Technologies, Polkadot blockchain developer, lays off 30% of staff

Parity Technologies, the company behind the Polkadot blockchain, is cutting 30% of its workforce — about 100 employees — amid a widespread wave of...

AI Wave Lead Stack Overflow to Reframe Strategy and Staffing

The tech landscape is shifting, and as with every revolution, there are winners and losers. For Stack Overflow, a platform that has been the...

Crypto Security Firm CertiK the Latest to Cut Jobs: Report

Last year, CertiK raised $148 million at a $2 billion valuation from notable investors that included SoftBank Vision Fund and Tiger Global. ...

Bored Ape Yacht Club Creator Yuga Labs Cuts Jobs Amid Restructuring

The NFT powerhouse, which closed a $450 million seed round in 2022, became the third high-profile crypto company this week to have layoffs....

More Crypto Job Cuts: Ledger Downsizes Workforce by 12%

Paris-based cryptocurrency hardware wallet manufacturer Ledger is reducing its staff by 12%, citing macroeconomic headwinds and a prolonged bear market as reasons for...

USD/JPY: the king dollar trade and bond market selloff isn’t over just yet – MarketPulse

Bond futures traders wagers (open interest) hit record high; Bets are calling for a hike at November 1st meeting US jobless claims edge higher...

Facebook, Twitter Traffic to News Sites in Dramatic Decline

Major media outlets have seen a dramatic decline in referrals from Meta-owned Facebook and X, formerly Twitter, over the past year after social media...

Epic Games Downsizing Blamed on ‘Unrealistic’ Metaverse Goals

Fortnite developer – Epic Games – has confirmed reports about laying off around 16% of its employees, affecting nearly 830 staff members. Epic CEO...

Reuters: Federal Reserve Announces Job Cuts

Despite public reassurances about the robustness of the U.S. economy, the Federal Reserve is preparing to downsize its workforce, according to Reuters. The central...

Bitcoin Dips Below $26.5K in Delayed Reaction to Hawkish Fed Chair Comments

BTC and most major altcoins spent Thursday in the red, joining equities in a swoon as investors worried over the prospect of at...

Binance Elevates Conlan to Chief Marketing Officer

Cryptocurrency exchange Binance has announced the appointment of Rachel Conlan as its Chief Marketing Officer (CMO). This decision comes amid a series of executive appointments and...

Binance.US CEO Cuts 100 Staff as CEO Departs

The crypto exchange has cut a third of its staff and its CEO has departed amid scrutiny from U.S. regulators. ...

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