Layoffs

KuCoin Debunks Workforce Layoff Rumors Amidst Expansion Plans

KuCoin Debunks Workforce Layoff Rumors Amidst Expansion Plans

In light of the swirling rumors, leading cryptocurrency exchange KuCoin recently quashed speculations about downsizing 30% of its staff –…

3 years ago

McDonald’s Restructures, Reduces Pay and Closes Offices Amidst Widespread Layoffs

McDonald’s Corporation, the well-known fast-food chain, is undergoing a major restructuring this week that is impacting its entire organization.  The…

4 years ago

New Startups Created By Recently Laid-off Tech Employees Pose Strong Competition For Industry Giants

The beginning of 2023 has been challenging for many workers in the tech industry, following a year of tens of…

4 years ago

Affirm Fires 19% Of Employees And Shuts Down Its Cryptocurrency Service

When it rains, it pours, especially regarding layoffs in the finance industry. Affirm is the latest entrant to reduce its…

4 years ago

More Tech Stock Dumping Looms Ahead As Laid-off Employees Continue Their Liquidation

There is much concern over the current status of the tech industry. Most companies lose tremendous stock value, and more…

4 years ago

Tech Layoffs Soar In Early 2023 And Continue 2022’s Bloody Trend

The ongoing impact of COVID-19 and inflation took a toll on the tech industry throughout 2022. Hundreds of companies were…

4 years ago

Layoffs Roundup: More Job Losses Across Crypto, Finance, and Transportation

It shouldn’t be too big of a surprise to see even more companies laying off employees ahead of Christmas. Crunch…

4 years ago

Industry Layoffs Soar Across Finance and Crypto In First Half of November 2022

It is raining layoffs in the technology industry. That also affects various companies active in cryptocurrency, finance, and fintech. Recent…

4 years ago

Canada’s Wealthsimple Will Lay Off 13% of Its Staff After Growing Too Fast

It continues to rain layoffs in the finance industry. Wealthsimple, the Canadian digital wealth platform, will lay off 13% of…

4 years ago