Axie Infinity creator Sky Mavis lays off 50 employees
Sky Mavis lays off 50 employees to streamline operations for future growth. Layoffs are a strategic move, not due to financial instability or poor performance. Axie Infinity’s token AXS dropped…
Binance recently laid off 1,000 employees: report
Binance is reported to have dismissed about 1,000 of its employees recently. The report cites sources close to the exchange and comes at a time Binance is battling regulatory pressure.…
Coinbase lays off 950 employees, CEO says the exchange is well capitalized
The exchange wants to reduce operating costs by 25%. It is the second crypto exchange after Huobi to confirm layoffs in 2023. Coinbase CEO has however confirmed that the exchange…