Sweeping layoffs, hiring and firing as crypto prices take a massive downturn

Sweeping layoffs, hiring and firing as crypto prices take a massive downturn


Many in the crypto world have been glued to their screens with eyes dead set on financial conditions this week. That isn’t the case for everyone though, as thousands are suddenly experiencing thewoes of sudden unemployment.

Words of encouragement and sympathy also poured out across Twitter and LinkedIn consoling individuals released from their responsibilities. Some expressed frustration, confusion and anger while others expressed gratitude, renewed vision and reflections.

My heart is with those recently laid off. I too have been one of the lucky ones to be spared by massive layoffs on days where friends have been let go. This privileged situation has its own anxiety, displacement and upheaval. Sorry you’re going through this moment.

— Matt Murray (@vintageneon) June 16, 2022

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As recently laid-off talent takes to social media to

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