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Layoffs
Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement
The process is just getting under way and the company, which employs about 300, said it cannot put an exact number on job losses.

Crypto Exchange Luno Rejiggers Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.

Crypto Platform Anchorage Digital Laying Off 20% of Its Staff
The firm said that U.S. regulatory uncertainty played a role in its decision.

Blockchain.com to Suspend Operations of Asset Management Arm: Bloomberg
The business was launched just 11 months ago.

Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
Some employees are still in place and the firm’s operations are ready to launch, but money is a problem, said a person familiar with the situation.

Dapper Labs Laying Off Another 20% of Its Staff
The job cuts follow a previous 22% workforce reduction in November.

Crypto Analytics Firm Messari Cuts 15% of Workforce as Part of Restructuring
The crypto intelligence firm, which is led by Ryan Selkis, had closed a $35 million Series B fundraising round last year.

Australian Crypto Gaming Firm Immutable Cuts Staff by 11%
The CEO blamed the layoffs on a need to maximise how long its cash reserves will last.

Polygon Labs Cuts 20% Workforce, Almost 100 Jobs
The firm said that the job cuts are part of its consolidation earlier this year.

Microsoft Disbands Industrial Metaverse Project: Report
The 100 members of the team have been laid off, according to a person with direct knowledge of the matter.
