Twitch lays off over 400 staff amid Amazon downsizing
Twitch, the Amazon-owned livestreaming platform, has announced it laid off about 400 employees due to macroeconomic headwinds.
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
It's unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector.
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Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil
According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating…
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Binance ‘not planning any layoffs,’ 500 roles to be filled in H1
A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs.
Crypto layoffs decelerate, with layoffs falling to 570 in February
The number is a stark contrast to over 2,900 employees from the crypto industry let go in January.
Beyond the Summit
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Beyond the Summit, The Guard shut down as esports layoffs spread
This week, Beyond the Summit and The Guard shuttered operations. Even premier organizations aren't safe from widespread esports layoffs.
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Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions
According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some…
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The death of the Esports ‘Middle Class’
Esports winter is here and the first casualties are piling up. The smaller teams and games of esports' middle class are on unstable ground.
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Meta Reportedly Preparing for a New Round of Layoffs
Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying…
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Filecoin Creator Protocol Labs Announces Layoffs Amid Crypto Winter and Economic Downturn
Protocol Labs CEO Juan Benet published a blog post on Friday announcing that 21% of the company’s staff will be laid off. Protocol Labs is the creator of the blockchain…