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Finance

European Crypto Exchange Bitpanda Cuts Staff by Hundreds

Bitpanda announced it is reducing its employee count to 730, down from about 1,000.

Bitpanda co-founders (left to right) Christian Trummer, Paul Klanschek and Eric Demuth. (Bitpanda)

Finance

Bybit to Reduce Workforce as Crypto Slump Drives Cost-Cutting Measures

The crypto exchange is looking to remove overlapping functions and build smaller, more agile teams, it told CoinDesk.

Dubai (David Rodrigo/Unsplash)

Finance

Coinbase Lays Off Around 1,100 Employees

The exchange is reducing its workforce by roughly 18%. CEO Brian Armstrong admits the company "grew too quickly."

Coinbase signage in New York on the day of the crypto exchange's direct listing debut. (Robert Nickelsberg/Getty Images)

Finance

Crypto.com, BlockFi to Cut Over 400 Jobs Amid Market Rout

The companies are the latest crypto firms to announce job reductions, joining Gemini and Rain Financial, among others.

El anuncio "Fortune Favors the Brave", con Matt Damon. (Crypto.com)

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Crypto Work Survey

CoinDesk wants your participation to learn how crypto is changing the nature of work.

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Videos

Bitcoin Below $30K after Jobs Report Tops Expectations

Employers added 390,000 jobs in May, while the unemployment rate remained at 3.6% for the third consecutive month. "The Hash" panel discusses how macroeconomic factors are impacting the crypto market.

Recent Videos

Markets

US Job Growth Tops Expectations in May, With 390K Added

The unemployment rate remained flat at 3.6%.

The BLS reports on May's employment picture. (Oli Kellett/Getty images)

Finance

Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues

Many crypto companies are announcing substantial job cuts and hiring freezes amid challenging times for cryptocurrency and equity markets.

The bear market downturn in the cryptocurrency and equity markets has led to growing layoffs by crypto firms. (Getty Images)

Finance

Winklevoss-Led Gemini Cuts 10% of Staff, Citing ‘Turbulent’ Crypto Market

Gemini cited the cryptocurrency downturn along with macroeconomic market conditions.

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