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Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer broke the news on X (formerly Twitter), saying the company was launching OpenSea 2.0 with a smaller team.OpenSea launched in 2017, when NFTs were an innovation. It operates on a
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In addition to the series of layoffs, Spotify was forced to cancel 11 original podcasts from its in-house studios including ‘How to Save a Planet’, ‘Crime Show’, and ‘Medical Murders’. Music streaming platform Spotify Technology SA (NYSE: SPOT) has announced plans to cut its workforce by 2% leaving up to 200 employees
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Coinbase has lost 60 people from its 1,200-person staff after an updated mission statement from CEO Brian Armstrong sparked fierce debate over how companies should respond to today’s charged politics.In a companywide memo obtained by CryptoX, Armstrong informed employees that 5% of the company’s workforce had accepted the severance package
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Companies can’t become “apolitical” overnight.According to multiple Coinbase workers, the plan to offer a clean exit for mission-dissenting staffers has been in the works for over six months. So far, at least three people in the 1,200-person firm have taken the severance package, one of these sources told CryptoX on
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Coinbase will offer non-aligned employees a severance package, Kadena looks to cut into the DeFi market with a new decentralized exchange and Sushiswap is hemorrhaging liquidity. Top shelfSeverance offerCoinbase CEO Brian Armstrong sent his employees a letter telling them to get in line with a new company “culture shift,” offering those unwilling
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Coinbase's CEO has issued a company-wide letter informing employees to get in line with a new cultural shift or take a severance package. Source
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