Crypto Layoffs Continue To Pile Up As Macroeconomic Conditions Squeeze Companies

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Despite the stunning and higher-than-expected jobs report, last month marked the second worst month of crypto layoffs, as companies across the industry shed more than 2,806 jobs according to a recent CoinGecko report. Q4 2022 hedge fund letters, conferences and more The crypto job market faced its first crisis in June 2022, seeing a record 3,003 crypto employees being laid off following the collapse of the Terra ecosystem. Ever since the fall of Terra, the crypto market has experienced a wave of continued headwinds that have caused companies to re-evaluate their current position within the mar…

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