Save money, lie dormant, and save your life.
Source: CoinDesk
Compiled by: Odaily Odaily
The relentless Crypto Winter continues to plague every corner of the industry, forcing some large industry players to curb their ambitions to grow. According to CoinDesk, as of November 30, 2022, a total of approximately 26,062 crypto industry jobs have been reduced.
Odaily Odaily compiled the full text, the specific list is as follows:
November 30, 2022: Crypto exchage Kraken lays off 30% of its employees, about 1,100 people.
November 24, 2022: Argentine cryptocurrency exchange Lemon Cash laid off 100 employees, about 38% of its total 296 employees.
November 18, 2022: Bitcoin financial services company Unchained Capital laid off 15% of its staff, an estimated 638 people.
November 10, 2022: Crypto exchage Coinbase lays off 60 employees.
November 9, 2022: Meta cuts more than 11,000 jobs, an estimated 13% of its workforce.
November 4, 2022: Web3 game studio Mythical Games laid off 10% of its staff, an estimated 32 people.
November 3, 2022: Payment app Stripe laid off more than 1,000 employees, accounting for about 14% of its total workforce.
November 2, 2022: Dapper Labs laid off 22% of its staff, about 135 people.
November 2, 2022: Crypto exchage BitMEX laid off 20% of its employees, about 53 people.
November 2, 2022: Digital Currency Group has cut nearly 13% of its staff, with the total number of employees set at 66.
November 1, 2022: Crypto finance company Galaxy Digital will lay off one-fifth of its staff, about 170 people.
October 13, 2022: Crypto trading firm NYDIG laid off approximately 33% of its staff, or about 110 people.
October 11, 2022: Market maker GSR cuts 10% of its staff, an estimated 30 people.
October 6, 2022: Crypto exchage Crypto.com laid off 2,000 employees, accounting for approximately 30%-40% of the total number of employees.
October 1, 2022: Indian crypto exchage WazirX laid off about 40% of its employees, approximately 50 to 70 people.
September 23, 2022: After the Ethereum merger, Stakefish laid off 25% of its employees, about 8 people.
September 16, 2022: Fintech startup TrueLayer laid off 10% of its staff, about 45 people.
September 1, 2022: Social media giant Snap disbanded its Web3 team and laid off 20% of its employees, or about 1,459 people.
September 1, 2022: Brazilian crypto unicorn 2TM conducts a second round of layoffs, cutting 15% of its employees, or about 100 people.
August 17, 2022: Crypto brokerage Genesis cuts 20% of its 260-person staff.
August 11, 2022: Crypto mining company Core Scientific lays off 10% of its employees.
August 2, 2022: Robinhood laid off 780 employees, about 23% of its total workforce.
July 29, 2022: Cryptocurrency exchange company CoinFLEX lays off 50%-60% of its employees.
July 21, 2022: Blockchain.com lays off 25% of its staff, about 150 people.
July 14, 2022: OpenSea lays off about 20% of its employees.
July 7, 2022: Compass Mining cuts 15% of its workforce and reduces executive pay.
July 5, 2022: Crypto exchage Bullish.com reportedly laid off about 10% of its staff.
July 4, 2022: Crypto lender Celsius lays off 150 employees in restructuring.
July 1, 2022: Cosmos developer Ignite laid off more than 50% of its staff, according to former employees.
June 28, 2022: Huobi Global may lay off more than 30% of its employees.
June 27, 2022: Australian cryptocurrency exchange Banxa lays off 70 employees.
June 24, 2022: European crypto exchage Bitpanda lays off 270 employees.
June 20, 2022: Bybit will lay off 30% of its employees.
June 14, 2022: Coinbase laid off approximately 1,100 employees.
June 13, 2022: Crypto.com and BlockFi will lay off more than 400 employees.
June 3, 2022: Brazilian crypto unicorn 2TM lays off more than 80 employees.
June 2, 2022: Middle Eastern crypto exchage Rain reportedly laid off dozens of employees.
June 2, 2022: Gemini lays off 10% of its staff.
May 26, 2022: Latin American crypto exchage Bitso lays off 80 employees.
May 24, 2022: Argentine cryptocurrency exchange Buenbit laid off 45% of its employees, about 80 people.
April 4, 2022: Crypto exchage BitMEX lays off 75 employees.
