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Last updated: June 16, 2025, 19:57  |  Written by: Caitlin Long

Learn How Programmed
Learn How Programmed

On Thursday

Several Exchanges Announce Layoffs as Market Braces for Crypto

‘Crypto winter’ freezes hiring at Gemini and Coinbase after Terra

On Thursday, June 2, came a truly shocking announcement from Coinbase (COIN). Not only would the publicly traded crypto exchange extend a hiring freeze first

Crypto Exchange Coinbase

A 'crypto winter' freezes hiring at Coinbase and Gemini - Fortune

Several companies in the cryptocurrency industry have announced layoffs or hire freezes amidst bearish conditions in the cryptocurrency market and a less than stellar

Crypto exchange Coinbase, which reported a 27 per cent fall in first-quarter revenue, has now extended its hiring freeze “for the foreseeable future”. Fintech companies

Although Cryptocurrency Companies Are Accustomed

Although cryptocurrency companies are accustomed to riding the wave of volatility, two announced on the same day that a “crypto winter” has resulted in hiring freezes

Are Exchange Layoffs the First Sign of Crypto Winter, or Is

Gemini, 2TM Lay Off Staff, Crypto Exchanges Brace For Crypto

Gemini And

Gemini and 2TM, the holding company of Brazil's largest crypto exchange, announced laying off staff in light of the challenging market conditions. Winter is coming in summer this time, at

Coinbase, Gemini and others cut jobs, rescind offers and

Crypto exchange Gemini on June 2 announced a 10 percent slash in its workforce, while the world's largest crypto exchange Coinbase the next day announced a

Caitlin Long can be reached at [email protected].

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