#Layoffs

Layoffs refer to the termination of employees from a company, often due to economic reasons.

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ForkLog 17 05.05.2026

Coinbase to Cut Workforce by 14% and Focus on AI Integration

Coinbase will reduce its workforce by approximately 14%. CEO Brian Armstrong explained the decision as a necessity to optimize expenses.

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ForkLog 226 04.05.2026

China Bans AI-Driven Layoffs

A Chinese court ruled that companies are not permitted to dismiss employees solely due to their replacement by artificial intelligence.

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Microsoft to roll out AI tools for Windows 11

ForkLog 386 24.04.2026

Microsoft Initiates First Voluntary Retirement Program in 51 Years

Microsoft will offer some employees the option to voluntarily leave with compensation for the first time in its 51-year history.

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ForkLog 26 16.04.2026

Snap to Replace 1,000 Employees with AI to Save $500 Million

Snap plans to cut around 1,000 employees, approximately 16% of its global workforce.

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ForkLog 76 13.04.2026

StarkWare to Downsize and Restructure into Two Divisions

The company behind the L2 network Starknet, StarkWare, will lay off part of its staff and reorganize into two business divisions.

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ForkLog 198 01.04.2026

Oracle to Lay Off Thousands Amid AI Investments

Oracle has begun laying off thousands of employees amid a decline in stock prices and significant capital expenditures on AI infrastructure development.

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ForkLog 181 19.03.2026

Crypto.com and Algorand Initiate Layoffs Amid AI Integration and Market Decline

Algorand Foundation announced a 25% workforce reduction due to "uncertain macroeconomic environment and crypto market downturn."

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ForkLog 128 17.03.2026

Messari Appoints New CEO Amid Staff Reductions

The cryptocurrency analytics firm Messari has undergone a leadership change and initiated a new wave of layoffs. Eric Turner has stepped down as CEO.

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ForkLog 195 12.03.2026

OP Labs Reduces Workforce by 20% Following Base’s Transition to Its Own Stack

OP Labs, the developer of Optimism, has laid off 20 employees to streamline internal processes and reduce costs.

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ForkLog 380 27.02.2026

Block Shares Surge 20% Following Major Layoffs for AI Transition

Jack Dorsey, CEO of Block, announced the layoff of nearly 4,000 employees. The decision is part of the company's shift to an AI structure.

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ForkLog 220 24.02.2026

Step Finance and Two Solana Projects Cease Operations

The DeFi aggregator Step Finance, based on Solana, has announced an immediate cessation of operations. The platform failed to recover following a major hack.

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ForkLog 184 20.02.2026

Uniswap and Galaxy-Backed Platform Parsec Shuts Down Without Explanation

The team behind the on-chain analytics service Parsec has announced the closure of the project after five years of operation.

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