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RE: LeoThread 2024-11-04 21:34

Consensys
Has laid off 20% of its total workforce as it faces struggles in the Ethereum market.

F5
Is trimming its global workforce by nearly 2% in a cost-cutting measure, impacting roughly 100 employees.

Kyte
Is pulling out of almost all of its major markets in the U.S. and has cut its workforce roughly in half as it shifts its focus on just San Francisco and New York City.

Upwork
Is reducing its total workforce by 21% as the company aims to generate $60 million in annual cost savings.

Venminder
Will lay off 100 employees after being acquired by risk and vendor management company Ncontracts.

Jellysmack
Is laying off staff in a reorganization effort impacting 22 employees in the U.S. Cuts will reportedly also impact staffers in France in the coming months.

CapWay
Has been shut down, founder Sheena Allen wrote on LinkedIn. The Y Combinator-backed fintech sought to bring financial services to people in banking deserts.Meta