OpenAI staff tells board to resign after Sam Altman ousting: Report
505 out of 700 employees reportedly signed a letter stating that the board has undermined the company’s mission by firing Altman.
Auto Added by WPeMatico
Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal.
Dev platform Stack Overflow axes 28% of staff as AI competition grows
The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022.
Chainalysis axes another 15% of staff citing difficult market conditions
The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper.
Binance CEO brushes off negativity, assures firm has ‘no liquidity issues’
Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks.
Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump
NFT collectibles company Dapper Labs has said goodbye to another 51 employees only months after a 20% staff reduction in February.
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told…
FTX resumes employee and contractor payments after weeks in limbo
The payments will exclude former FTX CEO Sam Bankman-Fried, and certain former execs including Gary Wang, Nishad Singh, and Alameda's Caroline Ellison.
FTX collapse could see crypto sector layoffs accelerate
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.”
Hodlnaut cuts 80% of staff, applies for Singapore judicial management
Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management.