Tag: CryptoRecruit

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Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion

November 7, 2023

Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal. Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees in a recent wave of staff cuts, citing the need to reallocate its resources. The firm’s founder and…
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FTX collapse could see crypto sector layoffs accelerate

November 15, 2022

While the full impact of FTX’s collapse is still unfolding, some have already warned of an increase in layoffs to come “in the months to follow.” The fall of crypto exchange FTX and potential resulting contagion could lead to an acceleration of crypto-company layoffs in the coming months, recruitment specialists warn. A Nov. 14 report…
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