Paxos Layoffs

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

1
Layoff round
65
Employees laid off
Unknown
Funding stage
$543M
Total raised

Paxos has 1 publicly reported layoff round on record (most recent June 12, 2024). A total of about 65 employees were affected across these rounds.

Layoff history

June 12, 2024
Paxos cut 65 employees (20% of staff)
65 laid off 20% of workforce Location New York City

Paxos disclosed a workforce reduction affecting its New York City operations in June 12, 2024. Approximately 65 roles were eliminated.

Source: bloomberg.com

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