layoff

According to reports, according to insiders, Meta Platforms is planning to lay off or relocate its Instagram employees in London. Last year, Adam Mosseri, the head of the social me

On April 19th, Meta announced the latest round of layoffs, mainly targeting technical personnel. Meta CEO Mark Zuckerberg stated that the layoffs for the business unit will take pl

It is reported that the encryption platform Anchorage Digital will lay off about 20%, or 75 people. The institutional encryption platform and parent company of Anchorage Digital Bank, the first federal chartered encryption bank in the United States, told Bloomberg that the uncertainty of US regulation played a role in its layoff decision. Interpretation of this information: Anchorage Digital, an institutional encryption platform and parent company of the first federal chartered encryption bank in the US, has announced that it will lay off about 20% or 75 people. The reason…

It is reported that according to a report, Fireblocks, a digital asset hosting platform, is reducing its staff by 5%. A year ago, Fireblocks raised $550 million in E-round financing at a valuation of $8 billion. Interpretation of this information: The news of Fireblocks reducing its staff by 5% is a surprising development, particularly considering that the digital asset hosting platform had received $550 million in E-round financing and was valued at $8 billion only a year ago. The reason for the layoff is not clear, but it’s safe to…

On February 22, the Australian company Immutable (Immutable X development company) was carrying out a layoff of 11%. James Ferguson, CEO and co-founder of Immutable, said that layoffs were due to the need to maximize the duration of its cash reserves and use its resources for the most important projects. James Ferguson said in a notice to employees that Immutable earned $27 million in the past fiscal year, but spent $83 million. Interpretation of this information: The recent layoff of 11% of staff at Immutable, an Australian company specializing in…

On February 20, Chipper Cash, an African cross-border payment platform, laid off 12.5% of its staff ten weeks ago, and nearly one third (about 100) of its staff on Friday, including human resources, marketing, pricing, products, analysis, user experience, research, and legal services. Interpretation of this information: The African cross-border payment platform, Chipper Cash, recently laid off almost one third of its staff on Friday, which included various departments such as human resources, marketing, legal services, and more. This decision comes ten weeks after the company laid off 12.5% of…