--- title: "A Comprehensive List of Layoffs In the Crypto Industry" canonical: "https://www.metaintro.com/blog/a-comprehensive-list-of-layoffs-in-the-crypto-industry-november-2023" language: "en" author: "henryrussel" published: "2023-11-10T00:00:00.000Z" modified: "2026-09-29T00:55:46.293Z" --- [Back to Blog](/blog) [Layoffs](/blog/tag/layoffs)[News](/blog/tag/news)[Web3](/blog/tag/web3)[Crypto](/blog/tag/crypto)[Blockchain](/blog/tag/blockchain) # A Comprehensive List of Layoffs In the Crypto Industry - November 2023 A tracker to all of the companies that have announced layoffs over the past 60 days. We might just call this the year of the fallen ape. [![Henry Russell](https://cdn.metaintro.com/rs:fill:40:40/q:72/plain/images/f5e58760-861d-453c-8acc-e70ec1958bd8_1766029465093.png)Henry Russell @henryrussell](/blog/author/henryrussel) [November 10, 2023](/blog/archive/2023/11)2 min read ![8d77cf6c-baac-43af-90e9-181f3d784fee.png](https://cdn.metaintro.com/rs:fill:1200:675/q:78/plain/images/8d77cf6c-baac-43af-90e9-181f3d784fee.png) [https://x.com/intent/tweet?text=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20November%202023&url=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Fa-comprehensive-list-of-layoffs-in-the-crypto-industry-november-2023](https://x.com/intent/tweet?text=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20November%202023&url=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Fa-comprehensive-list-of-layoffs-in-the-crypto-industry-november-2023)[http://www.facebook.com/sharer.php?u=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Fa-comprehensive-list-of-layoffs-in-the-crypto-industry-november-2023](http://www.facebook.com/sharer.php?u=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Fa-comprehensive-list-of-layoffs-in-the-crypto-industry-november-2023)[https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Fa-comprehensive-list-of-layoffs-in-the-crypto-industry-november-2023&title=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20November%202023](https://www.linkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Fa-comprehensive-list-of-layoffs-in-the-crypto-industry-november-2023&title=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20November%202023)[mailto:?subject=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20November%202023&body=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Fa-comprehensive-list-of-layoffs-in-the-crypto-industry-november-2023](mailto:?subject=A%20Comprehensive%20List%20of%20Layoffs%20In%20the%20Crypto%20Industry%20-%20November%202023&body=https%3A%2F%2Fwww.metaintro.com%2Fblog%2Fa-comprehensive-list-of-layoffs-in-the-crypto-industry-november-2023) The crypto bear market is having a significant impact on the web3 industry, with many companies announcing layoffs in recent months. This blog post will track all of the known layoffs in the web3 space, updated monthly. 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. Third, it helps us to identify the talent that is available to hire. ## November 2023: - Ava Labs, the parent company to the Avalanche token, lays off [12% of employees.](/blog/ava-labs-lays-off-12-of-avalanche-studios-employees-amid-bear-market) - Qredo, the Coinbase-backed startup, cuts workforce [by half](/blog/coinbase-ventures-backed-qredo-cuts-workforce-by-half). - OpenSea does another round of layoffs in 2023 by cutting 50% of their marketplace staff. ## October 2023: - Brave lays off [9% of staff.](/blog/brave-layoffs-amidst-economic-challenges) - Epic Games lays off [staff.](/blog/tech-industry-layoffs-from-epic-games-to-roblox) - Roblox cuts [30 team members.](/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.](/blog/stack-overflow-lays-off-employees-amidst-ai-push) - Yuga Labs lays off [120 employees](https://x.com/HashBastardsNFT/status/1710378472210669910) as part of a "restructuring". - Chainalysis reduces [15% of staff.](/blog/chainalysis-reduces-15-of-staff-in-layoffs) - Ledger, the French security company, says 'au revoir' to [12% of their employees.](/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? Real web3 talent doesn't come by every day, and we know that finding those individuals can be incredibly hard to find (cough cough hence us building Metaintro). So, we compiled a list of those incredibly talented individuals who have been laid off. If you're looking for your next great employee, 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 layoff, please contact us [here](/support). We support your right to privacy and will NOT publish names and sources. --- Ad## ✨ A Word From Our Sponsors 👇 Get the insider scoop on the latest developments in crypto with The Crypto Explorer. 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