{"id":521435,"date":"2022-12-05T14:29:14","date_gmt":"2022-12-05T11:29:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-layoffs-trigger-mixed-responses-from-the-community\/"},"modified":"2022-12-05T14:29:14","modified_gmt":"2022-12-05T11:29:14","slug":"crypto-layoffs-trigger-mixed-responses-from-the-community","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-layoffs-trigger-mixed-responses-from-the-community\/","title":{"rendered":"# Crypto layoffs trigger mixed responses from the community"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2578491cc69\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2578491cc69\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-layoffs-trigger-mixed-responses-from-the-community\/#%E2%80%9D_Crypto_layoffs_trigger_mixed_responses_from_the_community_%E2%80%9C\" >&#8221; Crypto layoffs trigger mixed responses from the community &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Crypto_layoffs_trigger_mixed_responses_from_the_community_%E2%80%9C\"><\/span>&#8221; Crypto layoffs trigger mixed responses from the community &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvYzI5YzM2MDEtM2JkZi00MTY5LWE5MWYtYTQ0YjBlZDUwYzYxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-471f9776>As more crypto companies have cut off their staff to weather the effects of the bear market, crypto community members have posted various reactions from giving encouragement to trying to hire the professionals that were recently let go.\u00a0<\/p>\n<p>Just over the weekend, two prominent crypto exchanges announced layoffs as the effects of the crypto winter continue to be felt. Bybit has laid off 30% of its workforce which marks the second time the exchange conducted layoffs in 2022. On the other hand, Australia-based exchange Swyftx has also cut around 40% of its staff as it weathers the waves caused by the FTX fallout. <\/p>\n<p>In response to the Bybit layoff, a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> user who claimed to have worked with Bybit CEO Ben Zhou, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Cryptanzee\/status\/1599349483246325762\">opined<\/a> that the exchange was making the correct decision and vouched for the members of the organization. On the other hand, another community member <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/baron_bitcoin\/status\/1599287991242870786\">expressed<\/a> that although they still trust Bybit, they are afraid to do bigger deals with larger funds. The Twitter user also floated the idea of an audit by a major auditor to regain trust. <\/p>\n<p>After hearing <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> on the Swyftx layoffs, a community member <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/McGregorMX\/status\/1599652513955053568\">wrote<\/a> that this was \u201cbound to h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en\u201d and that more bankruptcy events may happen later. Meanwhile, a Swyftx user <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/JeremyR_SEF\/status\/1599685374351376385\">gave<\/a> the platform some encouragement as the layoff was announced. According to the user, there are good things coming on the exchanges\u2019 way if they are able to weather the storm. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Here\u2019s how centralized exchanges aim to win back users after the FTX collapse<\/em><\/strong><\/p>\n<p>With layoffs letting go of talent with crypto experience, some took the opportunity to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AQXofficial\">promote<\/a> that they are hiring, trying to collect the CVs of the recently laid-off employees to see if there will be a good fit. <\/p>\n<p>Meanwhile, as the operational halt from crypto exchange AAX continued, some of its users attacked its office. A recent report from local news mentioned that an AAX office in Lagos, Nigeria was stormed by its customers who were affected by the exchange freezing withdrawals. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-layoffs-trigger-mixed-responses-from-the-community\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Crypto layoffs trigger mixed responses from the community &#8220; As more crypto companies have cut off their staff to weather the effects of the bear market, crypto community members have posted various reactions from giving encouragement to trying to hire the professionals that were recently let go.\u00a0 Just over the weekend, two prominent crypto&#8230;<\/p>\n","protected":false},"author":1,"featured_media":521436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvYzI5YzM2MDEtM2JkZi00MTY5LWE5MWYtYTQ0YjBlZDUwYzYxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74860,75917,74865,117],"class_list":["post-521435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrency-exchange","tag-exchanges","tag-job","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/521435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=521435"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/521435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/521436"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=521435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=521435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=521435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}