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News for tag: "job cuts"
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Crypto Job Cuts Accelerate: Hundreds Laid Off Amid Market Weakness & AI Shift
21.03.2026 21:18
The cryptocurrency industry is facing a new wave of significant workforce reductions, with multiple firms eliminating hundreds of positions in recent weeks. Companies are citing a combination of prolo...
Bearish
Block Inc. (SQ) Considers Workforce Reduction of Up to 10%, Reports Bloomberg
08.02.2026 16:48
Financial technology firm Block Inc., led by CEO Jack Dorsey, is reportedly evaluating a significant restructuring plan that could lead to job cuts affecting up to 10% of its workforce by the end of 2...
Neutral
Polygon Labs Cuts 60 Jobs After Strategic $250M Hermez Network Acquisition
16.01.2026 22:57
Polygon Labs, the developer behind the popular Ethereum scaling solution Polygon (MATIC), has reportedly reduced its workforce by 60 employees. This staff reduction comes shortly after the company\'s ...