cutting
- Technology
Sources: crypto lender Genesis Global laid off 30% of its staff, after cutting 20% of its 260 workforce in 2022, and is considering filing for bankruptcy (Wall Street Journal)
Wall Street Journal: Sources: crypto lender Genesis Global laid off 30% of its staff, after cutting 20% of its 260…
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Kraken says it is closing its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31 2023, weeks after cutting its workforce by 30% (Bloomberg)
Bloomberg: Kraken says it is closing its cryptocurrency exchange services in Japan, operated by Payward Asia, on January 31 2023,…
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In a Twitter Space, Elon Musk says he expects Twitter to "be okay" next year after cost cutting, claiming the company was on course to spend ~$5B in 2023 (Hannah Murphy/Financial Times)
Hannah Murphy / Financial Times: In a Twitter Space, Elon Musk says he expects Twitter to “be okay” next year…
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Memo: Grab begins cost cutting, including pausing most hiring, freezing salaries for senior managers, and cutting travel and expense budgets, to stem losses (Anshuman Daga/Reuters)
Memo: Grab begins cost cutting, including pausing most hiring, freezing salaries for senior managers, and cutting travel and expense…
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