layoffs

Fireblocks, a Crypto Custody Firm, Joins the Ranks of Tech Layoffs with Job Cuts

Fireblocks, a Crypto Custody Firm, Joins the Ranks of Tech Layoffs with Job Cuts

Wyatt NewsonFeb 7, 20242 min read

Fireblocks Restructures to Enhance Efficiency Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. The company has been…

Polygon Labs Implements 19% Workforce Reduction to Boost Operational Efficiency

Polygon Labs Implements 19% Workforce Reduction to Boost Operational Efficiency

Benito CormiFeb 3, 20243 min read

Polygon Labs Streamlines Team, Cuts Workforce by 19% In an effort to optimize operational performance, Polygon Labs has made the decision to reduce its team by…

Polygon Labs to Spin Off ID Division; Layoffs Commence

Polygon Labs to Spin Off ID Division; Layoffs Commence

Gapster InnesFeb 1, 20242 min read

Polygon Labs Spins Off Identity Division Polygon Labs, a software solutions company, has announced that it will spin off its Polygon Identity division. This decision is…

Potential Impact on Crypto Markets as Deutsche Bank and Citigroup Announce Layoffs

Potential Impact on Crypto Markets as Deutsche Bank and Citigroup Announce Layoffs

Gapster InnesFeb 1, 20242 min read

Deutsche Bank announces job cuts Germany’s Deutsche Bank has announced plans to cut 3,500 jobs in order to reduce costs. The bank still needs to find…

Jack Dorsey’s Block Implements Second Round of Layoffs within Two Months

Jack Dorsey’s Block Implements Second Round of Layoffs within Two Months

Owen PatterFeb 1, 20242 min read

Block Inc. Implements Workforce Reduction Block Inc., a fintech company co-founded by former Twitter CEO Jack Dorsey, has recently made the decision to lay off some…

Declining Revenue and Layoffs at Citi’s Cryptocurrency Division

Declining Revenue and Layoffs at Citi’s Cryptocurrency Division

Gapster InnesJan 12, 20243 min read

Citi reports losses in Q4, crypto division’s revenue declines Citi, one of the largest banking institutions, has reported a net loss of $1.8 billion for the…

Google’s Voice Assistant and Hardware Teams Witness Mass Layoffs

Google’s Voice Assistant and Hardware Teams Witness Mass Layoffs

Blount CharlestonJan 11, 20243 min read

Google Lays Off Hundreds of Employees Google has recently laid off hundreds of employees across various divisions, including the team responsible for voice-activated Google Assistant and…

Grim Gaming Industry Trend Continues in 2024 with Twitch and Unity Layoffs

Grim Gaming Industry Trend Continues in 2024 with Twitch and Unity Layoffs

Demian CrypterJan 10, 20243 min read

Amazon-Owned Twitch Makes Major Staff Cuts Twitch, the livestreaming platform owned by Amazon, has announced significant layoffs, with about 35% of its staff affected. The decision…

Report: BlackRock to Implement Global Layoffs Amid ESG Controversy and Pending Approval of Bitcoin ETF

Report: BlackRock to Implement Global Layoffs Amid ESG Controversy and Pending Approval of Bitcoin ETF

Owen PatterJan 8, 20242 min read

BlackRock to Implement Routine Layoffs BlackRock, the global investment management corporation, is set to announce a significant downsizing of its workforce, resulting in approximately 600 employees…

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