💼🔥 CRYPTO FIRMS SLASH HUNDREDS OF JOBS — BLAME AI & WEAK MARKETS

🔹 Crypto.com cuts 12% staff (180 jobs) — CEO Kris Marszalek: "AI or die" after $70M AI.com domain buy 🤖💸
🔹 Messari CEO Eric Turner steps down for "AI-first" model with new CEO Diran Li leading agent-based data shift 📊🚀
🔹 Algorand Foundation cuts 25% workforce amid "uncertain global macro" — ALGO token drops 3.6% to $0.08 📉⚡
🔹 Block laid off 4,000 then rehired some — Jack Dorsey: "smaller AI-supported teams perform better" 🔄💡

The industry is eating itself with AI panic — but critics call it "AI washing" 😱🏢

#Crypto #AI #Layoffs
@money

📱💼📉 Robinhood Axes 290 Jobs (10% Staff) — Late Bear Market Confirmed!

🔹 $28M restructuring hit — 290 jobs cut June 16th amid crypto revenue crunch 💸⚡
🔹 Late bear market pattern: Declining volumes + sector-wide cuts + reduced VC funding = classic signals 📊🐻
🔹 Not AI-driven cuts — Flattening management layers, streamlined ops instead of automation 🤖❌

BitGo also cut 15% workforce — industry-wide downsizing happening 🏢💔

Best time to position for next bull run? 🚀💎

⚡ Stay informed. Stay ahead. 📲
🌍 This affects more people than you think 📲
#Robinhood #Crypto #BearMarket #Layoffs
@money

💼📉🔪 Uphold Axes 17% of Staff as Crypto Winter Bites!

🔹 85 employees cut globally — CEO cites "recalibration" after doubling headcount 👥✂️
🔹 Strategic shift to enterprise business as retail trading collapses — banks/fintechs still growing 🏦📈
🔹 Crypto market cap fell to $2.1T in Q2 — 3 consecutive quarters of painful declines 📊💀
🔹 Bitcoin ETFs bled $6.9B in May-June — weak retail participation + rate fears crushing volumes 🩸📉

From growth to survival mode — even the strong ones cutting fat to weather this nuclear winter ❄️💀

#Layoffs #CryptoWinter #Uphold
@money