91 tech companies lay off over 24,000 employees in first 15 days of January
In India, companies like Ola (which fired 200 employees), voice automated startup Skit.ai, dominated the headlines in January.In December last year, over 17,000 tech employees were shown the door.
Jan 16, 2023, 17:35 PM IST
Binance opens 2,000 positions for hiring, despite crypto market crash, massive layoffs
Despite a slew of job cuts by companies operating in the digital currency space, Binance has opened 2,000 positions for hiring.
Jun 16, 2022, 13:58 PM IST
Coinbase lays off 1,100 employees amid crypto markets crash
The company said it expects to incur about $40 million to $45 million in total restructuring expenses, substantially all related to employee severance and other termination benefits. This comes amid crash in crypto market
Jun 14, 2022, 19:46 PM IST
Bitcoin hits record high before landmark Coinbase IPO
The world's biggest cryptocurrency, which has growing mainstream acceptance as an investment and a means of payment, rose as much as 5% on Tuesday. Smaller rival Ethereum also reached a record high of $2,205. Major firms including BNY Mellon, Mastercard Inc and Tesla Inc are among those to have embraced or invested in cryptocurrencies.
Apr 13, 2021, 15:43 PM IST
Bubble trouble? Bitcoin tops $11,000 after $1,000 surge in 12 hours
Bitcoin topped $10,000 for the first time in early Asia trading, before surging above $11,000 less than 12 hours later to reach $11,395 on Luxembourg-based Bitstamp, one of the largest and most liquid cryptocurrency exchanges, and then dipping back below $11,000.
Nov 29, 2017, 21:30 PM IST
