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15,000 Tech Staff Laid off in May, in Worst Figures Since Covid Crisis
May has been the most brutal month for tech layoffs since the covid crisis. In total 15,764 employees lost their jobs as fears of a recession mount. The post 15,000 Tech Staff Laid off in May, in Worst Figures Since Covid Crisis appeared first on BeInCrypto. дальше »
2022-6-1 00:00 | |
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Some 340 Robinhood Employees Are About To Lose Their Jobs – Here’s Why
Robinhood, the app that popularized free one-click stock and crypto trading, revealed on Tuesday that it would lay off roughly 340 full-time employees, or around 9% of the 3,800 workforce. The move, according to Robinhood CEO Vlad Tenev, is in response to a decline in active users following a period of rapid growth early in […] дальше »
2022-4-27 11:41 | |
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IBM Blockchain Unit Reportedly Carrying out Reorganization Amid Challenges
Global tech firm IBM has reportedly laid off most of its employees in its blockchain sector, as the company is experiencing challenges with its revenue. Blockchain Arm Reportedly Facing Employee Exodus According to different sources familiar with the matter, IBM is reportedly carrying out a reorganisation, which has seen the company slashing its blockchain workforce.Read More дальше »
2021-2-3 16:00 | |
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Wirecard UK Business to Be Acquired by Railsbank
Coinspeaker Wirecard UK Business to Be Acquired by RailsbankWirecard has already laid off a number of employees in its Germany office. The company believes that most of its 80 UK employees would be absorbed by Railsbank.Wirecard UK Business to Be Acquired by Railsbank дальше »
2020-8-28 19:40 | |
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Why Uber Splurged on a $170 Million Investment as It Laid-off Thousands
Uber led a $170 million investment round in micro-mobility firm Lime just hours after announcing it was laying off 3,700 employees. The post Why Uber Splurged on a $170 Million Investment as It Laid-off Thousands appeared first on CCN.com дальше »
2020-5-11 21:30 | |
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Coronavirus Crisis Forces Uber to lay off Thousands of Full-time Workers
The coronavirus crisis is causing a lot of people for many different companies around the world. Uber, the ride-sharing company, will effectively lay off nearly 4,000 employees as a result of the ongoing crisis. дальше »
2020-5-8 05:00 | |
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Galaxy Digital Lays Off 15% Of Its Staff, Crypto Firm In Trouble Or Business As Usual?
Mike Novogratz’ Galaxy Digital announced a workforce cut of 13 employees in the coming days, as the company faces challenges on its profits table. The news comes at a time the cryptocurrency market is booming with Bitcoin (BTC) having breached the psychological resistance at $10,000 USD. дальше »
2020-2-14 17:57 | |
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Kraken’s Parent Company Issues Subpoenas to Uncover Disgruntled Employee Identities
Payward, the parent company of the Kraken cryptocurrency exchange, has subpoenaed employer review and information platform Glassdoor. The subpoena is an attempt to discover the identities of employees who posted negative reviews about Kraken, which laid off dozens of employees in early 2019. дальше »
2020-2-14 12:20 | |
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Bitcoin Mining Giant Bitmain Ready to Fire Half of Its Employees
Chinese state media Sina is reporting that Bitcoin mining behemoth Bitmain is considering laying off up to half of its employees as the company envisages economic consequences of the coming Bitcoin halving event. дальше »
2020-1-4 00:00 | |
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Exodus Blockchain Phone Maker HTC To Lay Off More Employees To Keep Its Innovative Edge
Smartphone manufacturer HTC has announced its intention to reduce its employees for a second consecutive year in efforts to realign its strategy and remain innovatively competitive, CoinDesk reports. дальше »
2019-12-18 20:43 | |
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Lisk’s Lightcurve Blockchain Studio To Layoff 40% Its Workforce To Reduce Burn Rate
The blockchain project Lightcurve has made the decision to lay off 40 percent of its employees in order to enable moving forward in the market. It is worth mentioning that Lightcurve is part of the open-source platform Lisk, which is powered by a cryptocurrency called LSK and is among the top 100 largest cryptos in […] дальше »
2019-12-14 20:28 | |
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Lisk (LSK) Lays Off 40 Percent of Its Staff Two Weeks Before Christmas
The Lisk (LSK) project has reportedly fired about 40 percent of its workforce with rumors of other employees quitting the company in droves. Meanwhile, the Lisk hierarchy says the move is part of efforts to improve its operational efficiency but critics say the project is looking like another failed altcoin experiment. дальше »
2019-12-13 14:00 | |
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Kraken Tempts “Bitcoiners of Nordea” with Crypto Company Employment Options
One of the the longest running crypto asset exchange platforms has tried to tempt employees at the Nordea bank away from the anti-Bitcoin financial institution. Kraken tagged the Northern European giant in a tweet showing off its own latest and extensive employment opportunities. дальше »
2019-12-6 01:00 | |
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Nordea Bank Bans Employees From Trading Bitcoin
Nordea Bank has the right to prevent its employees from investing in Bitcoin (BTC) and other cryptocurrencies, a Danish court ruled. The bank will have the right to issue guidelines on owning and trading crypto, even during time off work. дальше »
2019-12-3 17:18 | |
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IDAX Exit Scam? Users Face Withdrawal Difficulty
The IDAX CEO has allegedly run off with the cold wallet of the exchange, all employees have left or have been fired, and the platform’s token dropped to $0. Blocklike reported on Weibo. com rumors of chaos at the China-based trading platform IDAX suggesting the exchange pulled an exit scam. дальше »
2019-11-28 01:35 | |
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Peter Thiel’s Palantir set to delay IPO under bumbling leadership of CEO Alex Karp
Bloomberg today reported that Palantir Technologies, a Peter Thiel-founded company that builds mass-surveillance solutions for law enforcement agencies, will delay its highly-anticipated IPO indefinitely. дальше »
2019-9-19 01:50 | |
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Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide
Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup is preparing to shrink its trading staff slashing […] The post Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide appeared first on Bitcoin News. дальше »
2019-8-9 03:00 | |
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Security-Focused Token Company Polymath Shuts Down Multiple Projects And Reduces Employees
The crypto market is currently having a great time but this does not mean that all companies are investing in having larger team and achieving better results. In fact, some companies such as Polymath are following the opposite route: they are laying off people. дальше »
2019-7-6 03:29 | |
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Jeremy Allaire’s Circle Lays Off 10% of Staff amid Prickly US Regulation
By CCN: Bitcoin has been booming lately, but Circle, the parent company of crypto exchange Poloniex, announced yesterday afternoon that about 30 employees are leaving as part of “organizational changes. дальше »
2019-5-23 03:00 | |
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Crypto exchange Cobinhood files for bankruptcy in alleged exit scam
Cobinhood, a well-known Taiwanese cryptocurrency exchange, allegedly pulled an exit scam after filing for bankruptcy. The exchange’s associated company DEXON Foundation, and its DXN token, raised $3. дальше »
2019-5-22 07:25 | |
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Google’s new free app teaches kids to read by listening to them
Google has just ripped the beta label off Rivet, its free mobile app designed to help young children learn to read. Designed by the company’s Area 120 incubator for employees’ big ideas, Rivet comes with more than 2,000 books for children, categorized by topic and reading level. дальше »
2019-5-16 17:53 | |
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Bitcoin Fundamentals and Technicals Flip Overwhelmingly Positive
2018, by many measures, was the crypto ecosystem’s worse year yet. Digital assets, even Bitcoin (BTC), lost over 80% of their peak value on average; industry startups laid off chunks of employees or shut down entirely; and the words “crypto” and “blockchain” receded from the limelight, becoming a painful memory for those who “FOMOed” near. дальше »
2019-5-6 15:10 | |
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Coinbase Shuts Down Another Office, Dozens Employees Laid Off
Coinbase, a major US-based cryptocurrency exchange, has shut down its Chicago office and laid off 30 engineers, while scaling… The post Coinbase Shuts Down Another Office, Dozens Employees Laid Off appeared first on Invest In Blockchain. дальше »
2019-4-25 21:55 | |
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Is Softbank Right to Stay Away From Crypto After Son’s $130M Bitcoin Loss?
While Bitcoin (BTC) has always been about improving the world’s financial and political wellbeing, this nascent market isn’t all too kind. Over the course of 2018, retail investors across the board lost their shirts, industry employees were laid off, and crypto’s reputation and presence in the mainstream sadly fell off the map. дальше »
2019-4-24 15:00 | |
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Israeli Startup Sirin Labs Lays off 15 Employees Due to Poor Sales
Israeli tech startup Sirin Labs, which launched the world’s first blockchain smartphone called Finney last year has laid off 15 of their total 60 employees, as reported by Globes on April 15, 2019. Sirin Labs Fires 25 Percent of its Workforce Sirin Labs, an Israeli tech startup that roped in football stalwart Lionel Messi toRead MoreRead More. дальше »
2019-4-18 13:00 | |
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Sirin Labs cuts 25% of its workforce as CEO faces $50M lawsuit
Bitcoin‘s price might have risen lately, but blockchain startups are still reeling from the bite of the bear market. Sirin Labs, the firm behind the “world’s first blockchain phone” has confirmed 25 percent of its workforce has been let go. дальше »
2019-4-16 17:41 | |
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India’s Best-Funded Bitcoin Exchange is Running Low on Cash and Employees
By CCN. com: India’s regulatory uncertainty on cryptocurrencies has taken a toll on Bengaluru-based exchange Unocoin forcing it to lay off employees. According to The Economic Times, the bitcoin exchange has laid off over a dozen employees and now only has 14 employees remaining. дальше »
2019-4-16 14:39 | |
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Crypto Wallet Ledger To Lay Off 10% of Workforce Following Product Issues
The crypto bear market hasn’t been kind to many blockchain or crypto-focused businesses and companies, who have been forced to revisit their strategies, lay off employees, or even close up shop due to lack of funding or interest. дальше »
2019-4-13 03:01 | |
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F**k Off Alexa: Thousands of Amazon Employees Listen to Your Conversations
If you have never harbored concerns regarding what you say in the presence of your Amazon Echo device, you should now. Bloomberg reports that Amazon has thousands of people on its payroll whose work is to listen to recordings of Echo devices. дальше »
2019-4-11 15:30 | |
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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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No, a Swiss media ‘giant’ is not paying salaries in Bitcoin
It’s finally April 2. Congratulations, you survived the epic bullshit that is cryptocurrency April Fool’s Day – and hopefully without falling for the swath of intentionally fake news. The same can’t be said for a string of media outlets caught peddling an April Fool’s prank pulled by Swiss publishing house Netzmedien, which (through a fintech subsidiary) bombastically announced it would be paying employees’ salaries entirely in cryptocurrency, starting with Bitcoin. дальше »
2019-4-2 13:09 | |
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Why Huawei’s 5G Dominance Threatens Liberal Democracy
When U. S. President Donald Trump signed off on a ban on equipment from Chinese 5G infrastructure giant Huawei for government employees and contractors last year, the move raised few eyebrows. The fact that the ban came under the Defense Authorization Act seemed to tell an open and shut story of national security and the threat of Chinese spying. дальше »
2019-3-20 21:41 | |
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Elon Musk Wields Veto Power over Every New Employee as Tesla Layoffs Mount
Billionaire Elon Musk must personally approve every single employee that gets hired at Tesla. The electric-car company has also raised its hiring standards amid several recent rounds of layoffs. “All headcount requests from the business must get Elon approval,” according to a February 2019 internal email. дальше »
2019-3-13 16:23 | |
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Coinbase Lays Off Neutrino Employees Who Worked for Hacking Team
Coinbase, a major US cryptocurrency exchange and wallet provider, came under scrutiny for its acquisition of Neutrino, a firm where some of its employees had connections to controversial software firm Hacking Team—a platform used by authoritarian governments to spy on their citizens. дальше »
2019-3-5 22:07 | |
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Analyst Claims XRP Daily Chart Has Earmarks of Manipulated Market Following Recent Coinbase Listing
Following Coinbase’s decision to list XRP – the cryptocurrency commonly associated with Ripple – many analysts and investors alike questioned whether or not there was an element of insider trading associated with the listing. дальше »
2019-3-2 01:00 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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