Singapore-based cryptocurrency exchange Crypto.com enters South Korea via acquisitions 

Crypto.com cuts 20% jobs amid ‘unforeseeable’ industry events

Crypto exchange Crypto.com is cutting its global workforce by 20%, it said on Friday, as it navigates ongoing economic headwinds and “unforeseeable” industry events. This is the second major layoff at the Singapore-headquartered Crypto.com, which cut 250 jobs in mid-last year — though a report suggested that more than 2,000 people were either let go […]

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Amazon begins layoffs as economic woes mount

Amazon begins layoffs as economic woes mount

This week, Amazon began the process of cutting jobs across the company. Managers have begun informing employees that they have two months to find another role inside the company or accept severance, according to reports. Numerous employees have acknowledged that they were impacted by the moves via services like LinkedIn. Other reports, meanwhile, cite frustrations […]

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Cybersecurity startups, once the VC darling, hammered by layoffs

Cybersecurity startups, once the VC darling, hammered by layoffs

On the face of it, the cybersecurity sector is doing just fine. Demand for cybersecurity products remains high as cyberattacks continue to blight both public and private-sector businesses, and investor enthusiasm for all things cyber-related remains strong. But while many expect the cybersecurity industry to weather the current economic storm better than most, not least […]

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