Twelve companies cut staff in July alone. Luno let go of 20% of its workforce. And in the same market, auditors and compliance officers are being paid like senior engineers at Google. Both things are true.
The Ethereum Foundation eliminated 54 positions (20% of staff), shut down PSE — its ZK and privacy research lab — and slashed its operating budget by 40%. Former EF researchers are warning of a structural funding gap that could hit Ethereum's client teams within months.
Coinbase just cut 14% of its workforce — 700 jobs gone in a single day. CEO Brian Armstrong didn't just explain the layoffs. He warned every company in America that AI is coming for their headcount too.
One year after Trump's Liberation Day tariffs shook global markets, Bitcoin is down 20%+ from its peak and crypto job postings have collapsed 80% from a year ago. Here's what's really happening to crypto careers right now.
Oracle cut 18% of its workforce overnight to fund a $156B AI buildout. If you're one of the 30,000, crypto infrastructure needs your exact skill set.