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Massive Layoffs at dYdX — What’s Happening? dYdX, a leading decentralized exchange, recently announced layoffs affecting 35% of its workforce. This is major news for the DeFi industry and could signify major changes in the sector. With increasing competition among platforms and exchanges, each company is looking for ways to optimize and cut costs. Following this event, many are turning their attention to centralized exchanges like Binance and WhiteBIT, which continue to grow their user base and remain stable. What do you think prompted such drastic measures at dYdX? 🤔 #layoffs #DYDX🔔 #DEFİ
Massive Layoffs at dYdX — What’s Happening?

dYdX, a leading decentralized exchange, recently announced layoffs affecting 35% of its workforce.
This is major news for the DeFi industry and could signify major changes in the sector. With increasing competition among platforms and exchanges, each company is looking for ways to optimize and cut costs.

Following this event, many are turning their attention to centralized exchanges like Binance and WhiteBIT, which continue to grow their user base and remain stable.
What do you think prompted such drastic measures at dYdX? 🤔
#layoffs #DYDX🔔 #DEFİ
zkSync's Activity Hits Rock Bottom: August was a dismal month for zkSync, with a mere ONE unique wallet transferring funds to the network from the 25th to the 31st. But, in a surprising turn of events, this number doubled yesterday! 🔥 Still, the overall trend is alarming. Users and Transactions in Free Fall The number of users and transactions on the network is plummeting, leaving many to wonder if zkSync has reached the end of the road. Matter Labs Announces Layoffs In a recent move, Matter Labs, the creators of zkSync, announced a 16% layoff. This decision raises questions about the future of the project. The Community's Verdict "No drop — no community!" The silence from zkSync's once-loyal followers is deafening. Has the project lost its momentum for good? Stay tuned for further updates on this developing story! #ZkSync #MatterLabs #layoffs #Write2Earn! #dappSOtheFutureIntents

zkSync's Activity Hits Rock Bottom:

August was a dismal month for zkSync, with a mere ONE unique wallet transferring funds to the network from the 25th to the 31st. But, in a surprising turn of events, this number doubled yesterday! 🔥 Still, the overall trend is alarming.
Users and Transactions in Free Fall
The number of users and transactions on the network is plummeting, leaving many to wonder if zkSync has reached the end of the road.
Matter Labs Announces Layoffs
In a recent move, Matter Labs, the creators of zkSync, announced a 16% layoff. This decision raises questions about the future of the project.
The Community's Verdict
"No drop — no community!" The silence from zkSync's once-loyal followers is deafening. Has the project lost its momentum for good?
Stay tuned for further updates on this developing story!

#ZkSync #MatterLabs #layoffs #Write2Earn! #dappSOtheFutureIntents
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Падение
🚨 Top 10 #Tech Layoffs of January 2024: 1. Microsoft: 1,900 employees at Activision Blizzard and Xbox this week. 2. Unity: 1,800 employees (25% of workforce) 3. iRobot: 650 employees (nearly 33% of workforce) 4. Twitch: 500 employees (35% of workforce) 5. Wayfair: 1,650 employees (13% of workforce) 6. Duolingo: 10% of contractor workforce 7. Amazon Prime Video & MGM Studios: "Several hundred" employees 8. Amazon Buy with Prime: 5% of staff 9. Humane AI: 4% of staff 10. Discord: 170 employees (17% of workforce) #layoffs #top10
🚨 Top 10 #Tech Layoffs of January 2024:

1. Microsoft: 1,900 employees at Activision Blizzard and Xbox this week.
2. Unity: 1,800 employees (25% of workforce)
3. iRobot: 650 employees (nearly 33% of workforce)
4. Twitch: 500 employees (35% of workforce)
5. Wayfair: 1,650 employees (13% of workforce)
6. Duolingo: 10% of contractor workforce
7. Amazon Prime Video & MGM Studios: "Several hundred" employees
8. Amazon Buy with Prime: 5% of staff
9. Humane AI: 4% of staff
10. Discord: 170 employees (17% of workforce)

#layoffs #top10
Polygon Three Indian entrepreneurs founded Polygonondary scaling solution provider for the Ethereum blockchain. Blockchain startup Polygon, based in India, plans to lay off 20% of its workforce. #polygon #matic #layoffs #BTC #cryptoonindia
Polygon Three Indian entrepreneurs founded Polygonondary scaling solution provider for the Ethereum blockchain. Blockchain startup Polygon, based in India, plans to lay off 20% of its workforce.

#polygon #matic #layoffs #BTC #cryptoonindia
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