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Gemini to Lay Off 10% of its Staff
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Gemini to Lay Off 10% of its Staff

Winklevoss Twins’ cryptocurrency exchange is preparing to lay off some of its staff after facing issues pertaining to FTX and Genesis Global.

January 23, 2023
Huobi Outflows Hit $60.9M in 24hrs, Inner Turmoil Reported at Exchange

Huobi Outflows Hit $60.9M in 24hrs, Inner Turmoil Reported at Exchange

Huobi saw $60.9 million in net outflows in the past day. The exchange also announced said it will lay off 20% of its staff.

January 06, 2023
Meta to Let Go 11,000 Employees, 13% of its Workforce

Meta to Let Go 11,000 Employees, 13% of its Workforce

Mark Zuckerberg sent a letter to employees, saying Meta is laying off 13% of its staff.

November 09, 2022
Meta Up 3.5% After News of Mass Layoffs Affecting Thousands

Meta Up 3.5% After News of Mass Layoffs Affecting Thousands

Meta's layoffs could be among the largest rounds in the recent tech job cuts and might affect thousands of employees.

November 07, 2022
SoftBank Vision Fund to Lay Off 30% of Global Workforce

SoftBank Vision Fund to Lay Off 30% of Global Workforce

SoftBank is planning to cut 30% of its global workforce after the conglomerate sustained a record loss in the previous quarter, according to Bloomberg.

September 30, 2022