Bitgo Slashes 15% of Workforce to Pivot Toward AI-Powered Crypto Infrastructure
Mike Belshe, CEO of the company, stressed that these changes resulted from a pivot to security, trading, stablecoins,…
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layoffs
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BitGo Implements 15% Workforce Reduction In Shift To AI Infrastructure
[[{„value”:” TL;DR BitGo reportedly cut around 15% of its workforce. The move is described as a one-time strategic…
Ethereum Foundation Restructures With 5 Clusters After Cutting 20% of Workforce
The Ethereum Foundation (EF) announced Tuesday it is cutting 54 employees, roughly 20% of its workforce, as part…
Dune Cuts 25% of Staff and Bets on AI to Power Crypto Data’s Next Chapter
Crypto data firm Dune has laid off 25% of its workforce, with CEO Fredrik Haga citing a sharpened…
MARA Conducts Ongoing Layoffs Following $1.1B Bitcoin Sale and Debt Reduction Push
[[{„value”:” Bitcoin Magazine MARA Conducts Ongoing Layoffs Following $1.1B Bitcoin Sale and Debt Reduction Push Bitcoin miner MARA…
Crypto.com Announces Layoffs While Expanding AI Capabilities
On Thursday, Crypto.com said it has reduced its workforce by roughly 12% as it accelerates an enterprise-wide push…
Jack Dorsey Cuts Over 4,000 Jobs as Block Shrinks Workforce Nearly in Half
Block Inc. will cut more than 4,000 jobs, reducing its workforce by nearly half as CEO Jack Dorsey…
Polygon Labs said to have laid off 60 staff following new $250 million acquisition
Ethereum scaling firm Polygon Labs disputed reports of a 30% workforce reduction, saying role overlaps from acquisitions drove…
Alibaba eyes hiring spree, predicts AI bubble in the US
In other news, Chinese agriculture sectors are eyeing smart breeding processes powered by artificial intelligence to revolutionize the…
Last Week in AI: DOGE uses AI for gov’t; Amazon launches Alexa
Musk allegedly plans to feed DOGE with federal employees’ responses to their top five achievements for the week…