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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, 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

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

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.