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Consensys Cuts Hundreds of Jobs This Year – About 25% of Its Staff Slashed
Ethereum-based company Consensys has cut hundreds of jobs since January. In its latest action, the US-based blockchain development team confirmed it will slash more than 90 jobs – or 14% of its workforce – citing the global impact of Covid-19. дальше »
2020-4-22 03:00 | |
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Amazon Plans Massive Commission Rate Cuts for Affiliate Marketers
Affiliate marketers on Amazon are set to see their commissions on the e-commerce platform drop significantly as the company plans to implement sweeping rate cuts across the platform. Some of the categories will see their commission rates drop by over 50 percent while products listed under ‘pet products, home improvement, and lawn and garden’ categories […] The post Amazon Plans Massive Commission Rate Cuts for Affiliate Marketers appeared first on BeInCrypto. дальше »
2020-4-21 08:10 | |
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Bitfarms Forced to Lay Off Staff, Cuts Expenses, and Optimize Crypto Mining Due to COVID-19
Canada-based and publicly listed blockchain infrastructure and mining company Bitfarms is at the moment reducing staff as a result of the economic and social effects brought by the coronavirus pandemic. дальше »
2020-4-8 19:53 | |
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American Airlines Stock Down 17.89% in Premarket as Company Cuts International Flights by 75%
Coinspeaker American Airlines Stock Down 17. 89% in Premarket as Company Cuts International Flights by 75%American Airlines stock has crashed after the company announced a 75% reduction in capacity because of the coronavirus. дальше »
2020-3-17 20:23 | |
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Second Round of ConsenSys Cuts Far Less Painful, Says Insider
ConsenSys announced on Jan. 4 that it would be cutting the company’s headcount by 14%. This comes after a similar round of painful layoffs in December 2018. Although the crypto...The post Second Round of ConsenSys Cuts Far Less Painful, Says Insider appeared first on Cryptocurrency News. дальше »
2020-2-5 18:34 | |
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Ethereum’s ConsenSys Announces Staff Cuts By 14% While Also Acquiring Broker-Dealer
The Ethereum development studio ConsenSys is doing a major restructuring of its business and will cut staff by 14%, as it aims to raise $200 million. The Brooklyn-based company announced at a meeting with its entire staff from Tuesday that changes are about to be made. дальше »
2020-2-5 00:54 | |
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SoftBank Unveils $9.5 Billion WeWork Rescue, Cuts Most Ties with Adam Neumann
Coinspeaker SoftBank Unveils $9. 5 Billion WeWork Rescue, Cuts Most Ties with Adam NeumannSoftbank steps in and tries to save WeWork with a capital infusion of about $8 billion. CEO Adam Neumann is expected to leave the company with a fortune. дальше »
2019-10-23 18:18 | |
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Ripple Cuts Down its XRP Sales by 73% in Q3; Inflation Rate Lower Than ETH And ETH
Ripple delivered on its promise to “take a more conservative approach to XRP sales in Q3” and “substantially” reduce the sales as in its Q3 report the company reported a whopping 73. 7% decrease in Q3. дальше »
2019-10-19 17:16 | |
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Instagram cuts the Following tab so we can like and comment in peace
Instagram’s killing the “Following” tab in its app, meaning you’ll no longer be able to track the every online move of the people you follow. It’s almost as though Instagram recognized the feature was only used by people to creep on each other. дальше »
2019-10-8 01:56 | |
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HSBC Cuts 10,000 Jobs to Curb Its Expenses
Coinspeaker HSBC Cuts 10,000 Jobs to Curb Its ExpensesHSBC job slashing will address those whose positions are high-paid. An official announcement from HSBC will be probably made later this month when the company is to report on its third-quarter results. HSBC Cuts 10,000 Jobs to Curb Its Expenses дальше »
2019-10-7 15:44 | |
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Tesla Slashes Toilet Paper Usage as Stock Swirls in Crapper
By CCN: Tesla’s extreme cost-cutting measures have hit Tesla employees where the sun don’t shine. To keep costs low the electric vehicle company is holding back on purchases of new office supplies, including toilet paper for employee bathrooms. дальше »
2019-5-25 20:57 | |
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Crypto Startup Circle Cuts Staff, Cites Bitcoin Market Conditions
According to a recent tweet from Jeremy Allaire, the co-founder of crypto startup Circle, he has just made the decision to eliminate (fire) a number of employees. Allaire says that “approximately 30” positions were purged, 10% of the company. дальше »
2019-5-22 23:04 | |
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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter
Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. дальше »
2019-5-10 20:04 | |
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Coinbase Closes Shop On Coinbase Markets Office And Cuts Off 30 Engineering Jobs
Coinbase Shuts Down Coinbase Markets Office And Axes 30 Jobs Coinbase, one of the largest crypto exchanges in the United States, has recently decided to shut down a Chicago office that the company opened last year. дальше »
2019-4-24 23:02 | |
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Bitcoin Mining Firm Hut 8 Lays Off More Employees
Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More. дальше »
2019-4-7 15:00 | |
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Elon Musk Teases ‘Model Y’ SUV, Fails to Rescue Tesla’s 7% Stock Fall
Tesla has not had its best of weeks. Amidst fierce protests over drastic price cuts and a 7 percent plunge in its stock price, the company is facing criticisms from analysts and its customers. On Sunday, Tesla CEO Elon Musk announced the launch of Model Y, a new addition to the company’s SUV line, and the Tesla V3. дальше »
2019-3-4 16:20 | |
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Newsflash: The Trump Curse? Vice Media Cuts 10% of Staff after HuffingtonPost & BuzzFeed Layoffs
The Brooklyn, New York-based news and documentary media giant, Vice Media LLC, is cutting 250 employees out of the company and closing down its flagship weekly HBO program, sources tell the Wall Street Journal. дальше »
2019-2-2 19:45 | |
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NEM Foundation Plans Layoffs Impacting Entire Staff as Budget Cuts and Restructuring Take Over
The NEM Foundation is primarily known for their work on the NEM blockchain, functioning as a nonprofit organization that is supported by their online community. However, it seems that their funding is not enough to keep the company going in its current state, leading to massive layoffs and budget cuts. Reports suggest these widespread efforts […] дальше »
2019-1-31 18:06 | |
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ConsenSys Job Cuts Did Not Exceed 10% Of Its Employees And Kept Core Developers Intact
A few weeks ago, a report spread on the internet regarding ConsenSys firing between 40% and 60% of the company’s staff after the bear market that affected the industry during 2018. However, the recent layoffs at the blockchain software company do not exceed 10 percent of the staff. This is according to the company’s Executive […] дальше »
2019-1-22 14:13 | |
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Bose brings its noise-cancelling tech to cars
Ever used a pair of Bose QuietComfort noise-cancelling headphones? Spoiler alert: they’re great at cancelling noise. So, while the idea of a consumer audio company neutering vehicle sound might sound… questionable at first, Bose actually has some pedigree in this space. дальше »
2019-1-10 17:04 | |
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Hive Criticizes Norwegian Government Amid Concession Cuts to Miners
Hive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. дальше »
2019-1-2 12:35 | |
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Ethereum-Blockchain Software Company ConsenSys To Fire Up To 600 More Team Members
ConsenSys Will Cut Even More Staff The future of “ConsenSys 2. 0” is bleak. After sending an ominous email on a Friday night to its employees last month and firing a portion of them soon afterward, the Ethereum-based studio has decided to make even more cuts. дальше »
2018-12-21 20:18 | |
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Numerai Cuts NMR Token Supply By 10 Million In A Bid To Become More Decentralized
The Numeraire token (NMR), launched in 2017, wants to reduce its supply in order to become more decentralized. The information was released by Richard Craib during an interview with CoinDesk. The maximum supply of the token will be reduced from 21 million to 11 million. At the same time, the company will be throwing away […] дальше »
2018-12-8 08:25 | |
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Ethereum Production Studio ConsenSys Cuts Down Staff as Part of ‘Refocusing’ Strategy
CoinSpeaker Ethereum Production Studio ConsenSys Cuts Down Staff as Part of ‘Refocusing’ Strategy ConsenSys founder Joseph Lubin says that the company will focus more on specific and concrete projects reducing the scope of much experimentation as part of financial sustainability. дальше »
2018-12-7 10:18 | |
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Epic Games announces its dev-friendly Steam competitor
Epic Games, the company behind the wildly successful Fortnite, today revealed it’s opening its own digital game storefront. The new store will offer developers an 88 percent share of revenue, in contrast to Valve’s industry-standard 70 percent. дальше »
2018-12-4 20:49 | |
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Coinbase Cuts Staff Amidst IPO Ambitions, Remote Employees Let Go
America’s biggest cryptocurrency exchange Coinbase has cut staff amidst plans for an $8 billion IPO. The company has reportedly cut more than 15 staff members from the compliance, customer support, and fraud departments but the exact number of people let go has not been revealed. дальше »
2018-10-29 17:29 | |
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Coinbase Staff Shakeups Continue as Customer Service Staff Are Cut
Crypto exchange Coinbase continues its recent shakeup of staff and executives as its customer service staff are cut. Crypto exchange Coinbase recently engaged a series of cuts and shakeups involving staff and executives. дальше »
2018-10-27 14:00 | |
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eToro cuts cryptocurrency investing costs to push mainstream adoption
In an effort to stimulate the wider adoption of cryptocurrency and blockchain tech, social trading platform eToro is making it significantly cheaper to invest in crypto-assets. The global company, which already boasts more than 10 million users, has reduced fees for spread trades on its platform by more than half for a number of assets, including Bitcoin. дальше »
2018-10-11 11:04 | |
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UK-Based Exchange Coinfloor Cuts Staff as Volumes Shrink
In a surprise move, Coinfloor, the oldest Bitcoin exchange in the UK, revealed that it would be slashing the amount they have staff soon. The exact number of people to be removed from the company is still unclear, but it is evident that a majority of the 40-people staff will be terminated. дальше »
2018-10-9 19:19 | |
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Texas Bitcoin Mining Facility Takes Crypto Mining to New Levels
A crypto mining company in Texas is using innovative cooling technology that cuts cost considerably. Read all about it here. The post Texas Bitcoin Mining Facility Takes Crypto Mining to New Levels appeared first on CoinCentral. дальше »
2018-8-26 19:19 | |
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Coinbase Index Fund cuts fee to 1% and rebalances with Ethereum Classic (ETC)
Coinbase, the US-headquartered bitcoin and cryptocurrency exchange company today announced that it will be reducing the annual management fee for its Coinbase Index Fund from 2% to 1% for all new and existing investors. дальше »
2018-8-14 01:49 | |
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Taiwanese Microchips Producer TSMC Says Weak Crypto Mining Demand Cuts Revenue Forecast
TSMC Cuts Revenue Forecast Due to Weak Demand For Crypto Miners Taiwan’s microchip producing giant TSMC recently decreased its annual revenue and capital expenditure estimates after growth rate reduction in the smartphone and crypto mining industries. дальше »
2018-7-20 21:04 | |
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