San Francisco-based cloud software company Salesforce, meanwhile, is shedding 8,000 employees, or about 10 percent of its workforce. Multiple crypto companies have also announced plans to let employees go. Genesis is saying goodbye to 30 percent of its workforce while Silvergate is parting ways with 40 percent of its staff. Crypto payments company Wyre went out of business completely. Ecommerce sites Everlane and Stitch Fix have trimmed 17 percent and 20 percent of their workforces, respectively, in recent days.
Image credit: Tim Gouw
