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BlockFi Layoffs

Industry Crypto · Location New York City · United States · Subscribe (RSS)

3
Layoff rounds
417
Employees laid off
Series E
Funding stage
$1.0B
Total raised

BlockFi has 3 publicly reported layoff rounds on record between June 13, 2022 and November 28, 2022. A total of about 417 employees were affected across these rounds.

Layoff history

November 28, 2022
BlockFi cut 100% of its workforce
100% of workforce Location New York City

BlockFi disclosed a workforce reduction affecting its New York City operations in November 28, 2022.

Source: decrypt.co

November 28, 2022WARN notice
BlockFi cut 167 employees
167 laid off Location New York, NY Effective February 27, 2023 Facility 150 Broadway New York, NY, 10038

BlockFi disclosed a workforce reduction affecting its New York, NY operations in November 28, 2022. Approximately 167 roles were eliminated.

Reason: Layoff Permanent

June 13, 2022
BlockFi cut 250 employees (20% of staff)
250 laid off 20% of workforce Location New York City

BlockFi disclosed a workforce reduction affecting its New York City operations in June 13, 2022. Approximately 250 roles were eliminated.

Source: blockfi.com

Data for BlockFi is compiled from public WARN Act filings and reporting linked above. See our methodology.