, around 5% of the company's total workforce. The measure was taken “purely as a cost-saving measure,” per CEO Bill Barhydt.said it has cut between 40 and 60 jobs, about 15% of its workforce. A company spokesperson asserted that the job cuts were not caused by OSL’s exposure to any troubled crypto firms or tokens, including staked ether and TerraUSD ., an Argentina-based crypto exchange, has cut the jobs of 45% of its staff — or about 80 workers.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stinky seaweed threatens Mexico's post-pandemic tourism boomMillions of tons of stinky brown seaweed washing up along Mexico's beaches threaten a post-COVID tourism rebound as international tourists plan summer travel, according to Spanish bank BBVA. Post covid? Wtf yall talking about
Source: ReutersScience - 🏆 559. / 51 Read more »
Fireworks stands hopeful for a boom in business this yearFireworks sellers at Boom City on the Tulalip Reservation are hopeful that the Fourth of July long weekend will bring booming business. Celebrating the Fourth👈🏿🩸🐖
Source: Mynorthwest - 🏆 438. / 53 Read more »
10 Years Later: Where Were You When San Diego's Big Bay Boom Went Bust?It may have been the biggest boom of them all. Remember the Big Bay Boom’s viral fail from 2012 when all the fireworks went off at once? Here’s a look back at the catastrophic glitch: We should just do this every ten years... Likr a year of jubilee We were talking about that last night! I always feel so bad for the person who was responsible for that. Clearly not some thing anyone would plan on purpose… Or at least I don’t think so.
Source: nbcsandiego - 🏆 524. / 51 Read more »
Box Office Dispatch: How Real Is the Boom and Will It Last?'While I hesitate to say all audiences have returned, the trend line is moving closer to the point where most are willing,' says one analyst as monthly revenue hits nearly $1 billion for the first time since the pandemic began. we had over 20 months of major delays and now are getting a bunch of those top movies released closely together, so it looks like a boom but it is summer blockbusters combined with the backlog, wait until we are out of major blockbusters. Like mid Aug-mid Oct looks rather bare. The last 6 weeks shows success breeds success when there's a wide mix of films targeting all demographics unlike when a comic-book movie opens and cannibalises everything around it, why this weekend will be interesting to see how the holdovers hold against $160m+ Thor 4 It proves studios were right to hold back these films until audiences had returned but had exhibitors and Nolan not been so desperate to reopen cinemas months to soon with Tenet this could have happened a year ago but the short-sighted nature of the industry delayed the recovery
Source: THR - 🏆 411. / 53 Read more »
Boom! There it is! “A” Mountain FireworksIt’s a July 4th tradition that fills the skies just west of Tucson’s downtown: The “A” Mountain Fireworks. KGUN9 got a look at the set-up ahead of the event. Who cares? There's nothing to celebrate anymore. The MAGAs are running the show.
Source: kgun9 - 🏆 584. / 51 Read more »
Metals melt down as recession fears overwhelm supply woesIndustrial metals have gone from boom to bust in the space of only three months, writes Andy Home.
Source: mining - 🏆 449. / 53 Read more »