Core Scientific Records $862m Loss in Q2, follows by 10 % Workforce Laid off

Core Scientific announced its second quarter 2022 update and said it was laying off 10% of its workforce as it reported an $862 million quarterly loss due to impairments such as goodwill and digital assets.

Robinhood April Cuts ‘Did Not Go Far Enough’, Says CEO Amid New Lay Offs

Robinhood has laid off almost a quarter of its staff amid turbulent markets—months after laying off another nine percent.

Top Crypto Firms That Laid Off Staff Recently

The crypto industry has witnessed a massive downturn, losing about $2 trillion in value since hitting a peak in November.

Top Crypto Companies Laid off Staff So Far

The crypto industry has witnessed a massive downturn, losing about $2 trillion in value since hitting a peak in November.

Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced

According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well.

Gemini Silently Laid Off Over 60 More Workers, Source Says

The crypto winter is here, and Gemini is figthing back with "extreme cost-cutting" —and stealthy— practices.

Gemini cuts more staff as many crypto prices increase: Report

A source close to the crypto exchange reportedly said there were 68 fewer employees on the company’s Slack channel as of Monday, suggesting Gemini had cut roughly 7% of its staff. Cameron and Tyler Winklevoss’ Gemini has reportedly laid off additional staff more than a month after reports suggested the cryptocurrency exchange cut 10% of its employees.In a Monday report from TechCrunch, the news outlet said that a source close to Gemini reported 68 fewer employees on the company’s Slack channel, suggesting the crypto exchange had cut roughly 7% of its more than 1,000 staff.