Crypto Sector Sheds More Jobs as Chainalysis Cuts 15% of Staff
- Blockchain data firm curbing expenses due to market conditions
- Digital-asset industry endured a spate of job losses this year
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Blockchain data company Chainalysis Inc. implemented another round of layoffs, the latest job cuts to hit the crypto sector.
The firm made “the difficult decision to part ways with 15%” of employees, a spokesperson said late Monday in the US, adding “we are very focused on growing efficiently and, due to market conditions, believe it necessary to reduce our expenses at this time.”