Crypto Layoffs: OpenSea, Blockchain.com, Coinbase, Gemini Among Firms Forced to Make Mass Job Cuts

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Crypto Layoffs: OpenSea, Blockchain.com, Coinbase, Gemini Among Firms Forced to Make Mass Job Cuts
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Here is a list of some of the biggest jobcuts that hit the crypto industry as a relentless bear market rages on.

The unrelenting crypto winter has continued to hit all corners of the industry, forcing some of the biggest players to curb their growth ambitions.

As these crypto companies aim to stay afloat, CoinDesk has compiled a list of industry players that have cut back on staff. By our count, an estimated 3,726 crypto jobs have been lost as of July 21, 2022, based on media reports and press releases. Here’s where we stand:

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