Crypto · United Arab Emirates
Bybit layoffs
We've tracked 2 rounds of Bybit layoffs between Jun 2022 and Dec 2022, affecting an undisclosed number of people in total. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.
People affected
N/A
Across tracked announcements
Announcements
2
Jun 2022 → Dec 2022
AI-attributed
0%
Of affected people
Every tracked announcement
- −Undisclosed(30% of workforce)
The exchange announced a second round of cuts across the company as the crypto bear market deepened.
Source: Decrypt
- −Undisclosed(30% of workforce)
The Dubai based crypto exchange began cutting roles to merge overlapping functions as the crypto market slumped.
About the figure: The 30% figure came from unnamed sources; the company confirmed cuts but not their size.
Source: CoinDesk
Working at Bybit, or somewhere like it?
Check your company against the 15 warning signs we saw before cuts like these, or see how exposed your own role is.
Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.