Ledger layoffs — Jun 22, 2025

Ledger Announces Layoffs on June 22, 2025 as Hardware Wallet Maker Cites Market Pressures

Ledger confirmed layoffs at the hardware wallet company on June 22, 2025, amid ongoing market pressures. The company did not disclose how many jobs were cut or what percentage of its workforce was affected.

The announcement adds to a broader wave of workforce reductions across the crypto industry as companies continue to adjust to shifting market conditions. Ledger’s stated reason for the layoffs falls under market-related pressures, according to the source summary.

Ledger is best known for its hardware wallets, which are used to store digital assets securely. The company operates in the crypto security and self-custody segment, serving users who want to manage their private keys outside of centralized exchanges.

No direct quotes from company officials were included in the source material, and no additional details were provided about severance terms, affected teams, or whether further staffing changes are expected.

Sources: Google News