Following the high inflation rates and recession rumours globally, most companies are laying off staff. The most recent layoffs in June following the market surge and over $200 billion liquidation in the crypto markets on 14th June 2022.
Coinbase - Laying off over 1,100 employees
BlockFi - Laying off 20 percent of its workers
Crypto.com - Laying of 260 employees
Other exchanges
Celsius announces that it has halted the withdraw function of its users
Note: BlockFi denies any involvement with Celsius in the lay off plans
“https://twitter.com/BlockFi/status/1536371460692127744?s=20&t=0oldgfwUE5yVBZE5sbVWbA” 
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