Layoffs
Crypto Exchange BitMEX Lays Off 75 Workers
The global job cuts will impact about 25% of the company's workforce and come after plans by a company founded by BitMEX executives to buy a German bank fell through in March.
Crypto News Outlet BlockTV Shuts Down, Citing Impact of COVID-19
Cryptocurrency-focused media startup BlockTV has shut down operations due to the economic strains of the COVID-19 crisis, according to two former employees.
New Layoffs Hit Ethereum Incubator ConsenSys
ConsenSys is laying off dozens more staffers, two people familiar with the matter tell CoinDesk.
Novogratz's Crypto Investment Firm Galaxy Digital Shrinks Workforce 15%
Galaxy Digital, the crypto merchant bank founded by Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.
Circle Confirms New Round of Layoffs Following Co-CEO Departure
Circle laid off about 10 employees in its latest effort to cut costs. The move follows a round of 30 layoffs in May.
Blockchain Sleuthing Firm Chainalysis Slashes 20% of Workforce
Chainalysis laid off 39 employees Thursday citing the need for a "path to profitability."
Zcash Developer Electric Coin Co. Reveals Q1 Financial Loss
The for-profit arm supporting zcash has issued a new report saying it avoided layoffs throughout the bear market despite being in the red.
Crypto Startup Circle Cuts 30 Employees Citing Market, Regulatory Conditions
Circle is laying off roughly 30 people, CoinDesk has learned.
As ICO Business Dried up, This Firm's Headcount Fell From 120 to 50
Significant layoffs at Ambisafe tell the tale of another ICO services startup that got too big in 2018.
Dash Core Group to Lay Off Staff in 'Crypto Winter' Cost-Cutting Effort
The company behind cryptocurrency project Dash is to reduce its staffing levels in a cost-cutting effort brought on by the bear market.
