Luno Cuts 20% of Staff as Crypto Layoffs Widen in July

Luno cuts 20% of staff as crypto layoffs widen

Luno is cutting 20% of its global workforce as July crypto layoffs reach 12 companies and firms shift spending toward automation and payments.

Luno Cuts 20% of Staff as Crypto Layoffs Widen in July

Luno is reportedly cutting 20% of its workforce as Gnosis also restructures, adding to layoffs across 12 crypto firms in July.

Luno Lays Off 20% of Global Workforce as Crypto Exchange Shifts to Institutional Clients

Luno’s decision to cut roughly 20% of its global workforce marks another significant moment in the ongoing restructuring of the cryptocurrency industry. CEO James Lanigan confirmed that the Digital Currency Group-owned exchange is reducing its headcount as it shifts its strategic focus away from retail trading and toward institutional clients and business-to-business services. While layoffs […] The post Luno Lays Off 20% of Global Workforce as C…

Luno Cuts 20% of Staff as 12 Crypto Firms Shed Jobs in July

Luno just axed a fifth of its global workforce. The exchange, owned by Digital Currency Group and headquartered originally in… Read the original on Luno Cuts 20% of Staff as 12 Crypto Firms Shed Jobs in July. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Crypto Exchange Luno Cuts Global Staff By a Fifth, Citing Automation

CEO James Lanigan cited automation reshaping the business, as the exchange shifts from retail trading toward institutional infrastructure.

Luno Lays Off 20% of Staff as July Crypto Job Cuts Expand

Crypto exchange Luno is reportedly cutting around 20% of its workforce as it restructures operations and shifts more focus toward institutional clients, financial infrastructure, and business-to-business services. The move follows earlier headcount reductions and comes as many crypto firms continue to prioritize cost control and automation amid uneven market conditions. In a report published by Bloomberg on Tuesday, Luno CEO James Lanigan said t…