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Summary: OKX crypto exchange has updated its plans to weather the ongoing crypto winter. The team at OKX has stated that they plan to increase their workforce by 30% to 5,000 employees globally in 12 months. Additionally, OKX plans on maintaining gender balance. The team at the crypto exchange of OKX has announced that
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According to an 8-K filed on Tuesday June 14, one of the world's largest cryptocurrency startups, Coinbase, is laying off nearly 18 percent of its personnel. This comes as the crypto market continues to be battered by prospects of more aggressive Federal Reserve interest rate hikes. According to the filing,
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Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew Too Quickly,’ Crypto Exchange CEO Says On June
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Ethereum layer-2 scaling solution Polygon has announced the hiring of Bhumika Srivastava in a bid to consolidate its strategy and cultural ambitions for the company’s 500-employee global workforce.Serving as the head of human resources and director for employee experience at Airbnb for the past five years, Srivastava arrives with an illustrious portfolio and
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CEO Vlad Tenev said the platform’s rapid growth in 2020 and 2021 led to duplication of roles and functions. Original Source
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The pandemic has put hundreds of thousands of businesses out of action, saw others fold and decimated great swathes of the economy. But, crypto thrived in this distributed environment. As the world clamped down and everyone was forced to decentralize, the crypto world shone.Perhaps crypto, born of a crisis, is most
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Galaxy Digital, the cryptocurrency merchant bank founded by Wall Street veteran Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said.The layoffs occurred across the board in early January, and all of the New York-based firm's business divisions – asset management,
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Zoom might not be a decentralized app but as the go-to video conferencing tool for crypto project communications, it is seen by many as an important enabler of the industry’s various decentralized communities. Harry Moseley, a technologist with an eclectic career who is now Zoom’s chief information officer, sat down
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Blockchain development studio Lightcurve — a part of the Lisk open-source blockchain application platform — laid off 40% of its workforce earlier this week. Lightcurve and Lisk co-founder, Max Kordek, announced the decision earlier this week on Discord, citing a need for the project to cut costs.The job losses
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Chainalysis laid off 39 employees Thursday citing the need for a "path to profitability." Source
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