ICYMI: Crypto firms have laid off more than 1,500 people in the last two months as downturn fears persist
reflects numerous workforce reductions across the tech and financial services sectors. As CBS News noted Tuesday, some 35,000 tech workers have been laid off since the start of 2022.Coinbase
"This is where we are now, in the contraction phase that is settling into a period of stasis — what our industry refers to as 'crypto winter,’” Tyler and Cameron Winklevoss said in a statement at the time. “This has all been further compounded by the current macroeconomic and geopolitical turmoil. We are not alone.”that the firm was laying off 5% of its employee base. About 260 employees were estimated to have lost their jobs.
Based on the firm’s earlier statement that it had grown to more than 850 people, this would mean more than 150 people lost their jobs at the firm.
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