Layoffs

Layoffs

Markets

Smart Contract Auditor Lets Go 80% of Staff in Crypto Winter Cutbacks

After an initial boom, smart contract auditing firm Hosho went from from 37 employees to seven after business slowed in 2018.

hosha

Markets

'Decentralized Airbnb' Starts Charging Fees as ICO Model Falters

Airbnb competitor Bee Token, founded by alums of Uber, are pivoting in an effort to boost revenue after conducting an ICO last February.

bee

Markets

50 Cut as $60 Million Blockchain Project Nebulas Lays Off 60% of Staff

Once a top-100 cryptocurrency, Nebulas has laid off more than 60 percent of its staff since July 2018, CoinDesk has learned.

Credit: NASA

Markets

How BlockEx Went from $24 Million ICO to Layoffs in Less Than a Year

BlockEx, a London-based platform for launching and exchanging tokens, was beset by a series of setbacks that led to downsizing.

revolving door

Markets

Chinese Mining Giant Bitmain Is Closing Another Overseas Office

China-based crypto mining giant Bitmain has confirmed the closure of its Amsterdam office as part of ongoing business adjustments.

Amsterdam

Markets

ShapeShift Lays Off 37 in Latest Crypto Industry Cutback

Crypto exchange ShapeShift has announced a round of layoffs, cutting its staff by a third.

erik voorhees

Markets

Ethereum Chat Startup Status Lays Off 25% of Staff

Citing the crypto bear market, Status.IM has laid off 25 staffers and asked remaining employees to take a pay cut.

shutterstock_688099816

Markets

ConsenSys 'Town Hall' Shows Staff Shaken at Ethereum's Largest Startup

Chat logs obtained from a ConsenSys town hall last week reveal a mix of shock and support following the company's announced layoffs.

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Markets

ConsenSys Confirms Layoffs, Projecting 13% of Staff at Startups to Be Cut

In a statement shared Thursday, ConsenSys announced that it is letting go 13 percent of its staff.

lubin, ethereum