Crypto layoffs are on the rise as exchanges continue to be ravaged by the current bear market.
Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently launched a new round of layoffs.
![Crypto Layoffs Rise as Exchanges continue to be ravaged by the current bear market.](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/e36c4d6d-5fe9-4b05-bfbf-2f0d0ec95ce8.jpg)
![Crypto layoffs are on the rise as exchanges continue to be ravaged by the current bear market.](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvZTM2YzRkNmQtNWZlOS00YjA1LWJmYmYtMmYwZDBlYzk1Y2U4LmpwZw==.jpg?#)
Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently launched a new round of layoffs.
![Crypto Layoffs Rise as Exchanges continue to be ravaged by the current bear market.](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/e36c4d6d-5fe9-4b05-bfbf-2f0d0ec95ce8.jpg)
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