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Web3 & Crypto Layoffs Tracker

Community-powered tracker of blockchain and crypto company layoffs. Updated in real time. Data sourced from public reports.

18,645

Jobs Cut

38

Companies Affected

66

Reports Tracked

258

Last 30 Days

Monthly Layoffs (last 12 months)

1
Apr 25
15
May 25
15
Jun 25
50
Jul 25
3
Aug 25
Sep 25
Oct 25
Nov 25
Dec 25
60
Jan 26
4,200
Feb 26
259
Mar 26

Layoff Timeline

CompanyDate# Affected% WorkforceDeptReasonSource
Crypto.comMar 19, 202618012.0%Company-wide
AI integration, replacing non-adaptive roles
Source
MessariMar 18, 2026Unknown—Company-wide
Third round of layoffs since 2023
Source
OP LabsMar 15, 202620—Company-wide
Restructuring, market conditions
Source
PIP LabsMar 12, 2026810.0%Company-wide
Restructuring
Source
Algorand FoundationMar 10, 20265025.0%Company-wide
Uncertain global macro environment, crypto downturn
Source
BlockFeb 15, 20264,00045.0%Company-wide
AI integration replacing roles
Source
GeminiFeb 10, 202620030.0%Company-wide
Macro headwinds, restructuring
Source
Polygon LabsJan 16, 20266030.0%Company-wide
Post-acquisition restructuring (Coinme, Sequence)
Source
The SandboxAug 20, 2025Unknown50.0%Company-wide
Pivot from metaverse to Web3 applications and Launchpad
Source
LidoAug 15, 2025Unknown15.0%Company-wide
Cost pressures
Source
Eclipse LabsAug 10, 2025Unknown65.0%Company-wide
Team restructuring, modular rollups pivot
Source
ConsensysJul 22, 2025497.0%Company-wide
Push for profitability, post-acquisition restructuring
Source
Eigen LabsJul 15, 2025Unknown25.0%Company-wide
Strategic pivot to EigenCloud
Source
Ethereum FoundationJun 2, 202515—Protocol R&D
R&D restructuring, refocus on scaling and UX
Source
OKXMay 15, 20251533.0%Institutional Sales
Global restructuring, institutional pivot
Source
MANTRAApr 20, 2025Unknown—BD, Marketing, HR, Support
OM token crash (90% drop), market restructuring
Source
BybitFeb 24, 2025120—Various
Security incident response, restructuring after $1.4B hack
Source
KrakenJan 15, 202580—Company-wide
IPO preparation, streamlining operations
Source
ChainalysisOct 15, 202415015.0%Company-wide
Restructuring, product pivot
Source
ConsensysSep 18, 202416020.0%Company-wide
SEC lawsuit over MetaMask, cost reduction
Source
Dapper LabsSep 12, 20245030.0%Company-wide
NBA Top Shot decline, NFT market continued weakness
Source
dYdXJun 20, 20245035.0%Company-wide
Restructuring, decentralization efforts
Source
OpenSeaMar 8, 20243030.0%Engineering
NFT market collapse, complete product rebuild
Source
BinanceFeb 15, 2024150—Various
Post-DOJ settlement restructuring, new CEO reorganization
Source
BinanceNov 21, 2023200—Various
DOJ $4.3B settlement, CZ stepping down
Source
OpenSeaNov 3, 202310050.0%Company-wide
NFT market collapse, planned OpenSea 2.0 rebuild
Source
BinanceJul 14, 20231,000—Compliance and various
Regulatory pressure (SEC/DOJ), cost reduction
Source
BitpandaJun 15, 202310015.0%Company-wide
Continued market challenges, European regulation
Source
KrakenApr 28, 20231005.0%Company-wide
Regulatory pressure, cost cutting
Source
LedgerMar 22, 20239012.0%Company-wide
Crypto winter, cost optimization
Source
ConsensysMar 15, 202310010.0%Company-wide
Market conditions, refocus on MetaMask and Linea
Source
Signature BankMar 12, 20232,000100.0%Company-wide
Bank failure, crypto-related deposit flight, SVB contagion
Source
Yuga LabsMar 10, 20234020.0%Company-wide
NFT market downturn, restructuring
Source
Silvergate BankMar 8, 202350090.0%Company-wide
Voluntary liquidation after crypto bank run
Source
Polygon LabsFeb 21, 202310020.0%Company-wide
Bear market, operational efficiency
Source
Dapper LabsFeb 9, 20235120.0%Company-wide
NFT market continued decline
Source
ChainalysisFeb 7, 202315015.0%Company-wide
Crypto market decline, revenue impact
Source
LunoJan 25, 202333035.0%Company-wide
DCG financial challenges, crypto winter
Source
GenesisJan 20, 20236030.0%Company-wide
Filed Chapter 11 bankruptcy, DCG financial issues
Source
CoinDeskJan 18, 20235045.0%Editorial
DCG financial issues
Source
Crypto.comJan 13, 202380020.0%Company-wide
FTX aftermath, bear market
Source
CoinbaseJan 10, 202395020.0%Company-wide
Continued crypto winter, regulatory uncertainty, cost cutting
Source
GeminiJan 9, 20236810.0%Company-wide
Continued market downturn, Genesis/DCG issues
Source
Silvergate BankDec 20, 202220040.0%Company-wide
FTX collapse, crypto deposit flight
Source
BybitDec 5, 202250030.0%Company-wide
Bear market, cost restructuring
Source
KrakenNov 30, 20221,10030.0%Company-wide
Crypto winter, macro conditions, FTX fallout
Source
BlockFiNov 28, 202225070.0%Company-wide
Filed for bankruptcy following FTX collapse
Source
Blockchain.comNov 18, 202211028.0%Company-wide
FTX collapse aftermath
Source
ChainalysisNov 15, 2022445.0%Company-wide
Market conditions, cost optimization
Source
CoinbaseNov 10, 2022602.0%Company-wide
Continued market conditions, FTX collapse aftermath
Source
Dapper LabsNov 3, 202213422.0%Company-wide
NFT market decline, crypto winter
Source
ConsensysNov 2, 202210011.0%Company-wide
Market downturn, restructuring
Source
GenesisAug 17, 20226320.0%Company-wide
Three Arrows Capital exposure, market conditions
Source
RobinhoodAug 2, 202278023.0%Company-wide
Continued decline in crypto trading, market downturn
Source
Blockchain.comJul 21, 202215025.0%Company-wide
Crypto market downturn, Three Arrows Capital exposure ($270M)
Source
GeminiJul 18, 2022687.0%Company-wide
Continued deterioration of market
Source
OpenSeaJul 14, 20228020.0%Company-wide
NFT market decline, prolonged crypto winter
Source
Voyager DigitalJul 5, 202220050.0%Company-wide
Filed Chapter 11 bankruptcy, Three Arrows Capital exposure
Source
BitpandaJun 24, 202225034.0%Company-wide
Crypto market downturn, European economic conditions
Source
HuobiJun 15, 202230030.0%Company-wide
Market downturn, restructuring under Justin Sun
Source
CoinbaseJun 14, 20221,10018.0%Company-wide
Crypto market downturn, over-hiring during bull market
Source
BlockFiJun 13, 202217020.0%Company-wide
Exposure to Three Arrows Capital collapse, market downturn
Source
Celsius NetworkJun 12, 202215025.0%Company-wide
Liquidity crisis, halted withdrawals
Source
Crypto.comJun 10, 20222605.0%Company-wide
Crypto market downturn
Source
GeminiJun 2, 202210010.0%Company-wide
Crypto winter, turbulent market conditions
Source
RobinhoodApr 26, 20223009.0%Company-wide
Declining crypto trading volume, market downturn
Source

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