Layoff
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Meta to Lay Off 4000 Employees on April 19th
According to reports, Meta is expected to lay off 4000 employees on April 19th, which will be part of the company\’s layoff plan announced in March. (VOX)
Meta expects to lay off 40 -
Copper Crypto Hosting Company Lays Off Employees Amid a Challenging Crypto Industry
According to reports, Copper, a crypto hosting company, said that in the difficult market environment affecting the crypto industry, the company has streamlined its business and fa
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Anchorage Digital Lays Off Employees Due to Regulatory Uncertainty
It is reported that the encryption platform Anchorage Digital will lay off about 20%, or 75 people. The institutional encryption platform and parent company of Anchorage Digital Bank, the first federal chartered encryption bank in the United States, told Bloomberg that the uncertainty of US regulation played a role in its layoff decision. Encryption platform Anchorage Digital layoffs 20% Analysis based on this information:Anchorage Digital, an institutional encryption platform and parent company of Anchorage Digital Bank, has announced that it will lay off about 20%, or 75 employees as a result of regulatory uncertainty in the United States. The move comes as a surprise to many in the industry, as the company has been growing rapidly and positioning itself as a leader in the cryptocurrency space. As the first federal chartered encryption bank in the United States, Anchorage Digital has been working to provide secure and reliable digital asset custody services to institutional investors. However, the regulatory environment in the…
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Meta Denies Layoff and Restructuring Reports
According to reports, Meta spokesman Andy Stone said that the Washington Post\’s report on the company\’s layoffs and restructuring was \”untrue\”.
Meta pr…
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Immutable implements Layoff for Financial Sustainability
On February 22, the Australian company Immutable (Immutable X development company) was carrying out a layoff of 11%. James Ferguson, CEO and co-founder of Immu…