Browsing Tag

downsizing

Binance applies job cuts

Data provided by the CNBC portal and the Wall Street Journal confirm that the Binance exchange laid off 1,000 workers. The measure could continue up to 3,000 jobs. In the midst of the crisis that the crypto market is experiencing and the potential sanctions that Binance could receive from the…

Snapchat will cut 20 % of its workforce to save costs

Snapchat announced this week a 20 % reduction in its workforce, of approximately 6,400 workers. The measure seeks to reduce costs and address poor performance during the current quarter. In statements to Bloomberg, the platform indicated…