With the fall of Bitcoin, crypto money companies also explain that they are in trouble one by one.
In the statement made by Coinbase on June 14, the number of personnel 18% stated that it will reduce Coinbase CEO Brian Armstrong, who later shared on Twitter, stated that they have grown a lot in the last two years and announced such a decision due to paying attention to costs.
In the statement made about 10 days ago, Coinbase announced that in a one-year period. 1700 approximate number of employees to 5000 He stated that they were removed. Stating that this employee cost is very high, the crypto money exchange prolonging the pause and will cancel accepted job offers had announced.
Another crypto firm BlockFi has increased its employee count. when it announced that it will reduce 20% Crypto.com, which came to the fore by sponsoring a stadium in Los Angeles, said it would lay off 260 people.
In the past weeks, trading platforms Gemini and Robinhood have also announced that they will reduce the number of employees.
However Saturday, June 11 attended the day Consensus 2022 ConferenceBinance CEO CZ, who spoke at Binanceof gyms naming rights to receive or Super Bowl avoids major promotional expenses such as advertising and you’re being thrifty and stated that they are expanding the recruitment process.