PayPal announces 9% layoffs, involving approximately 2,500 employees

Golden Web3.0 Daily | PayPal announced that it will lay off about 2,500 people

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest game, DeFi, DAO, NFT and Metaverse industry news.

Broadcom's Acquisition of VMware Leads to Job Cuts

Broadcom finalizes its $69 billion acquisition of VMware, leading to job cuts for an undisclosed number of employees. The acquisition, completed after receiving global regulatory approvals, has sparked concerns among staff about cultural integration and the future of VMware.

Cake Group's Retrenchment and Restructure

Cake Group, led by CEO Julian Hosp, announces a significant retrenchment and restructuring effort to realign with its core business, Bake, impacting 52 team members, while unveiling Cake 2.0 for a strategic shift in focus amidst challenges in the crypto landscape.

Paypal公开信：为什么Paypal要拥抱Crypto全新范式

OpenSea Cuts 50% of Staff Ahead of 2.0 Launch

This move signifies OpenSea's shift towards adopting a more agile and innovative approach to its marketplace, as articulated by Devin Finzer, the co-founder and CEO of OpenSea.

Prime Trust's Workforce Woes Persist with New Layoff Warning

Mere weeks after the company had initiated substantial reductions in its personnel, Prime Trust informed its workforce of the potential need to lay off 62 employees.

India's layoff Saga Continues As CoinSwitch Slashes Headcount

The exchange was backed by prominent investors, including Sequoia Capital India

CoinDCX lays off 12 per cent of staff

The startup's founders attributed layoffs to economic conditions and

PayPal Partners With Crypto Firm ConsenSys

Crypto firm ConsenSys is announcing a new partnership with payments giant PayPal to create a convenient way for investors to purchase Ethereum (ETH).

PayPal forms cryptocurrency and blockchain advisory board

Jose Fernandez da Ponte said it was crucial to engage with world leaders and understand the opportunities and challenges of the industry.