Crypto Firm Fireblocks Cuts Workpool Over Restructuring

Fireblocks, a provider of crypto custody platforms, implemented a restructuring plan on Tuesday to reduce its workforce. This move comes amid ongoing layoffs in the tech industry, with 32,000 job losses this year. Strategic Restructuring Efforts The decision to reduce headcount follows Fireblocks six-month effort to restructure its go-to-market and customer support operations. The company aims to enhance service efficiency and streamline operations to serve its customers better while positioning itself for expansion into new markets. Fireblocks stated to Bloomberg that less than 3%...


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