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Layoffs hit crypto industry twice in 2 days

Layoffs hit crypto industry twice in 2 days

The last few months have been nothing but tumultuous for the crypto industry. Shutdowns and bankruptcies of different companies keep making news.

Worse, several employees working at leading crypto firms have lost their jobs in the past few months.

Whether crypto trading exchanges such as OKX and Gemini Space Station (NASDAQ: GEMI) or the blockchain firms such as MANTRA, some of the leading brands in the crypto industry have fired staff in recent months.

Sometimes, it’s a restructuring process; sometimes, artificial intelligence (AI).

Now, it has come to light that two leading crypto companies have announced layoffs in a span of two days.

Related: Bitcoin miner files Chapter 11 after unfortunate fire

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