Crypto layoffs decelerate, with layoffs falling to 570 in February

Crypto layoffs decelerate, with layoffs falling to 570 in February

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Crypto business layoffs appear to possess slowed down severely over the past month, with an estimated 570 crypto workers disregarded in February, down from an estimated 2,850 in January.

Cointelegraph compiled the figures consistent with publicly reported layoffs and found job cuts possess been spread across now not now not as a lot as 12 companies over the 28-day period but noticeably lacked the triple-digit crypto alternate layoffs in January, comparable to those from Coinbase (NASDAQ:COIN), Crypto.com and Huobi.

<em>Tech layoffs between January 2022 to February 2023. Provide: Layoffs FYI</em>

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