Key Takeaways Digital Currency Group subsidiary Luno reduced its staff by 20% to build a leaner operational model. Retail trading drops drove Luno’s second major workforce reduction, following a 35% cut in January 2023. Luno […]
Key Takeaways Over 60 crypto projects shut down or filed bankruptcy from January to July 2026, led by BitMEX’s Sept. 23 closure. Security exploits drove closures including Step Finance’s $40 million hack and Radiant Capital’s […]
Twenty-six employees at Meta are suing the company over its alleged reliance on artificial intelligence to select workers for recent mass layoffs. The lawsuit claims that AI technology played a central role in identifying which […]
Key Takeaways Bitgo announced a 15% layoff to streamline operations, hitting the crypto infrastructure job markets. Bitgo raised $200M in a 2026 IPO, but its stock dropped 70% to $4.8, dampening crypto listing markets. Mike […]
TL;DR BitGo reportedly cut around 15% of its workforce. The move is described as a one-time strategic realignment. The repaired batch says the exact SEC accession link was not available, so the article keeps the […]
TLDRs; Microsoft stock dips after reports of renewed Xbox layoffs and cost-cutting measures across gaming operations. Xbox restructuring follows multiple prior job-cut rounds and ongoing pressure in hardware revenue performance. Heavy gaming investments have strained […]
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