Markets2m read
Yield Guild Games Cuts 35 Staff, Shuts Game Publisher to Pivot Towards AI
Yield Guild Games has cut 35 staff and closed its YGG Play game publisher arm, citing tough market conditions and a pivot to AI.
◆ #layoffs
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Robinhood Layoffs and Broader Crypto Cuts Signal Late Bear Market, Experts Advise Calm
Robinhood's recent layoffs and broader crypto industry cuts are seen as a sign of a late bear market, though Altcoin Pro experts advise against panic.
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BitGo Cuts 15% of Staff to Boost AI and Stablecoin Focus
Digital asset custodian BitGo has reduced its workforce by 15% to strategically prioritize its artificial intelligence (AI) and stablecoin initiatives.
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BitGo Cuts 15% of Workforce to Prioritize AI and Stablecoins
Digital asset custodian BitGo has laid off 15% of its staff, with CEO Mike Belshe stating the company will focus on AI and stablecoins.
Ethereum2m read
Ethereum Ecosystem Sees Major Developments: EthLabs Launch and Foundation Layoffs
Ethereum experienced a significant week with the launch of EthLabs and layoffs at the Ethereum Foundation, leading to bullish sentiment among some crypto figures.
Ethereum2m read
Ethereum Foundation Lays Off 54 Employees, Announces 40% Budget Cut
The Ethereum Foundation laid off 54 employees and plans a 40% budget cut, as stated by Vitalik Buterin, amidst a new organizational structure.
Markets2m read
Robinhood Reduces Workforce by 10% Despite CEO's Assertion of Strong Business Performance
Despite CEO Vlad Tenev's claims of business strength, Robinhood is reducing its workforce by approximately 10%.