Crypto Layoffs
Thousands of people have lost jobs in the tech industry, how is crypto faring?
Welcome to Market Movers – March 20, 2023 – presented by Joel Flynn.
Layoffs in the tech industry have been running rampant this year. Facebook owner Meta is about to cull 10,000 jobs just months after 11,000 were sacked. In January alone, an estimated 108,000 people were laid off from the tech industry.
The crypto industry fared no better as almost 3,000 people lost jobs from 14 crypto firms so far this year. Join us in this episode of Market Movers as we take a closer look at the impact the recession has had on the crypto sphere.