20% of Binance’s new hires this year will be in compliance, says CEO
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments. Go to Source
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Tether to double its workforce to 200 by mid-2025: Report
The stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies. Go to Source
OpenAI staff tells board to resign after Sam Altman ousting: Report
505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman. Go to Source
Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal. Go to Source
Dev platform Stack Overflow axes 28% of staff as AI competition grows
The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022. Go to Source
Chainalysis axes another 15% of staff citing difficult market conditions
The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper. Go to Source
Binance CEO brushes off negativity, assures firm has ‘no liquidity issues’
Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks. Go to Source
Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February. Go to Source Powered by WPeMatico
Blockfi Announces Self-Liquidation Plan After Failed Attempts to Sell Company
The now-defunct crypto lender Blockfi has recently filed a court document outlining its plans to liquidate the company. The firm has come to the realization that selling the company would not be beneficial to its creditors. As a result, Blockfi has decided to take matters into its own hands and proceed with a self-liquidating transaction. … Read more
7,800 jobs at IBM could be replaced by AI within years, suggests CEO
Arvind Krishna, the chief executive of IBM, said roughly 30% of their non-customer-facing positions could be covered by artificial intelligence over a five-year period. Go to Source Powered by WPeMatico
