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Crypto trading platform Bitpanda, which has 1,000+ staff per LinkedIn and raised $263M at a $4.1B valuation in 2021, says it is cutting its headcount to ~730

Vienna-based Bitpanda is the latest crypto player to make job cuts, informing staffers that it will axe hundreds of positions as it face up to a dramatically altered market.

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Discussion

  • @lukebk Luke Bouma on x
    The speed that crypto is imploding is increasing. Should be interesting to see what happens in a few weeks. https://twitter.com/...
  • @paddi_hansen Patrick Hansen on x
    The largest European crypto investment platform @bitpanda is laying off several hundred people or +30% of its staff. All job offers are rescinded. The only EU crypto company with >1k employees is scaling back to ~730 people. https://blog.bitpanda.com/...