--- title: "A Comprehensive List of Layoffs In the Crypto Industry" canonical: "https://beta.metaintro.com/blog/web3-ai-layoffs-update-december-2023" language: "en" author: "bradlarson" published: "2023-12-06T00:00:00.000Z" modified: "2025-04-08T18:01:06.482Z" --- [Back to Blog](/blog) [Layoffs](/blog/tag/layoffs)[News](/blog/tag/news)[Hiring](/blog/tag/hiring)[Web3](/blog/tag/web3)[Crypto](/blog/tag/crypto)[AI](/blog/tag/ai)[Blockchain](/blog/tag/blockchain) # A Comprehensive List of Layoffs In the Crypto Industry - December 2023 A tracker to all of the web3 and AI companies that have announced layoffs over the past 90 days. We might just call this the year of the fallen doodle. [![Brad Larson](https://cdn.metaintro.com/rs:fill:40:40/q:72/plain/images/7bdeb1a3-e576-43bc-b191-7dbbf2908056_1766029465094.png)Brad Larson @followbl](/blog/author/bradlarson) [December 6, 2023](/blog/archive/2023/12)2 min read ![26f86a6b-24b8-409b-a6b2-dd8b2a9cff70.png](https://cdn.metaintro.com/rs:fill:1200:675/q:78/plain/images/26f86a6b-24b8-409b-a6b2-dd8b2a9cff70.png) [https://x.com/intent/tweet?text=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023&url=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023](https://x.com/intent/tweet?text=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023&url=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023)[http://www.facebook.com/sharer.php?u=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023](http://www.facebook.com/sharer.php?u=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023)[https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023&title=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023](https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023&title=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023)[mailto:?subject=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023&body=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023](mailto:?subject=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023&body=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023) A continued list of layoffs happening in the web3 and AI space. Tracking web3 layoffs is important for a number of reasons. First, it helps us to understand the impact of the crypto bear market on the web3 industry. Second, it helps us to identify the companies that are facing the most pressure. Most importantly, it helps us to identify the talent that is available to hire. ## December 2023: - Blockdaemon [reportedly laid off](https://www.linkedin.com/feed/update/urn:li:activity:7138039324893184000/) 25% off staff. - Forkast Labs [laid off their editorial staff](https://www.theblock.co/post/265619/forkast-layoff-cryptoslam) as part of a merger with CryptoSlam. - Swyftx cut over [90 employees](https://www.bloomberg.com/news/articles/2022-12-05/ftx-tremors-spur-australian-crypto-exchange-swyftx-to-lay-off-35-of-staff). ## November 2023: - Ava Labs, the parent company to the Avalanche token, lays off [12% of employees.](https://www.metaintro.com/blog/ava-labs-lays-off-12-of-avalanche-studios-employees-amid-bear-market) - Qredo, the Coinbase-backed startup, cuts workforce [by half](https://www.metaintro.com/blog/coinbase-ventures-backed-qredo-cuts-workforce-by-half). - OpenSea does another round of layoffs in 2023 by cutting [50% of their marketplace staff.](https://www.metaintro.com/blog) - C3.AI [cut staffers](https://www.bloomberg.com/news/articles/2023-11-20/c3-ai-fires-workers-telling-staff-that-we-are-on-a-diet) across various departments. ## October 2023: - Brave lays off [9% of staff.](https://www.metaintro.com/blog/brave-layoffs-amidst-economic-challenges) - Epic Games lays off [staff.](https://www.metaintro.com/blog/tech-industry-layoffs-from-epic-games-to-roblox) - Roblox cuts [30 team members.](https://www.metaintro.com/blog/tech-industry-layoffs-from-epic-games-to-roblox) - CertiK cuts [15% of staff,](https://www.coindesk.com/tech/2023/10/13/certik-blockchain-code-auditor-makes-strategic-workforce-adjustment-of-15/) even after raising $150M in fresh capital last year. - Stack Overflow says 'goodbye' to an [undisclosed number of employees.](https://www.metaintro.com/blog/stack-overflow-lays-off-employees-amidst-ai-push) - Yuga Labs lays off [120 employees](https://twitter.com/HashBastardsNFT/status/1710378472210669910) as part of a "restructuring". - Chainalysis reduces [15% of staff.](https://www.metaintro.com/blog/chainalysis-reduces-15-of-staff-in-layoffs) - Ledger, the French security company, says 'au revoir' to [12% of their employees.](https://www.metaintro.com/blog/ledger-cuts-12-of-staff) - Coinhouse [slashes 15% of workforce](https://decrypt.co/201820/crypto-firm-coinhouse-slashes-workforce-15-citing-reduced-enthusiasm-web3) citing, 'Reduced Enthusiasm for Web3' - Chia fired [26 of its 70 employees](https://www.coindesk.com/policy/2023/10/02/chia-network-lays-off-third-of-its-staff-as-loss-of-banker-delayed-going-public/) as a delay comes in going payload. ## Looking to hire any of these employees that have been laid off? Interested in hiring talented individuals that were impacted by the layoffs? This is the list that you need: - [OpenSea alumni](https://docs.google.com/spreadsheets/d/1UjoUDsjxYeKByZ4_ybsIFmTrXYJUVzzce3H7hMckD58/edit#gid=0) - [Hubspot past employees](https://docs.google.com/spreadsheets/d/1uyTQmiT0CBSJBum-GVc-TDcPyL825RkAnBu9nNIA5wc/edit?resourcekey#gid=1886320755) - [Glean AI past employees](https://docs.google.com/spreadsheets/d/1RrpTXQqAqJViDc1plMFalexjXHWSmzikLnzOwO9XzLc/edit#gid=0) - [Shopify alumni network](https://docs.google.com/spreadsheets/d/1L5D3tsBaOqglScgXG_Vn2fRURJddaZw5gWBshLe3hgk/edit#gid=1759779833) - [Dropbox alumni](https://coda.io/@alumni/dropbox-alumni-list) - [Lyft talent directory](https://docs.google.com/spreadsheets/d/1ZN2U2EK62w0XJua8wfc0DuZBOsLdMfsUPQIvsnLnO8M/edit#gid=846710616) - [Glassdoor alumni directory](https://docs.google.com/spreadsheets/d/1WL5GRUK7FYW83bIy8cuwdx7R5UGbhYj1AuAqi8Kcj84/edit#gid=555211402) - [Olive AI past employees](https://docs.google.com/spreadsheets/d/1dGu7jbSjzgP0JqaYEMunouIS5S2tYK5McY2DBmehyRg/edit#gid=1862953173) ## **👇 How to submit a tip about a web3 layoff** If you have a tip about a web3 or AI layoff, please contact us [here](https://www.metaintro.com/support). We support your right to privacy and will NOT publish names and sources. ### Share this article [https://x.com/intent/tweet?text=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023&url=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023](https://x.com/intent/tweet?text=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023&url=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023)[http://www.facebook.com/sharer.php?u=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023](http://www.facebook.com/sharer.php?u=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023)[https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023&title=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023](https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023&title=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023)[mailto:?subject=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023&body=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023](mailto:?subject=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20December%202023&body=https%3A%2F%2Fbeta.metaintro.com%2Fblog%2Fweb3-ai-layoffs-update-december-2023) ![](https://cdn.metaintro.com/rs:fill:1200:800/q:30/plain/images/bridges/bridge-expand.1df895c6bd76d96f.png) For job seekers ## Ready to find a role that actually fits? 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