Tag: staff

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Jack Dorsey’s Block slashes 40% of staff in major AI-driven restructuring – DL News

Block cuts 4,000 jobs.CEO Jack Dorsey attributes layoffs to AI.Investors are fearful that AI will ultimately hurt the wider economy.Block, a firm that heavily...

Gemini ousts COO, CFO and Chief Legal Officer after international exit and 25% staff cuts

Gemini Space Station Inc. (GEMI) is parting ways with three top executives, including its chief operating officer (COO), chief financial officer (CFO) and chief...

SEC Staff Clarifies How Securities Laws Apply to Tokenized Assets

The new guidance focuses on the structure of tokenized securities.Staff at the U.S. Securities and Exchange Commission (SEC) on Wednesday, Jan. 28, issued new...

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 the changes while its headcount remains...

Crypto exchange OKX cuts institutional staff amid global restructuring

The exchange has overhauled its institutional business as part of a broader restructuring, with approximately one-third of its sales team exiting, according to one...