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Cryptocurrency News

Crypto job market holding up despite tech industry cutbacks

05/19/2022

Less than a minute

2022.05.19 22:50

The crypto job market shows few signs of slowing down despite high-profile cases of staff layoffs and hiring freezes across big tech companies.

In recent weeks, several major tech companies have announced a paring back of staff, citing a downturn in the traditional market and narrowing demand for products that had boomed during the pandemic. Recently announced hiring cuts include Twitter (NYSE:TWTR), Uber (NYSE:UBER), Amazon (NASDAQ:AMZN) and Robinhood (NASDAQ:HOOD).