Nestcoin layoffs — Nov 14, 2022

Web3 startupMarket conditions

Jobs cut

Undisclosed

% of workforce

Undisclosed

Announced

Nov 14, 2022

Nestcoin, an African web3 startup, said it held its assets on FTX and disclosed that it was laying off employees after the exchange’s collapse. The article reports a real layoff event at the company, though the number of jobs cut was not specified.

Sources

↗ African web3 startup Nestcoin declares it held its assets in FTX, lays off employees - techcrunch.com
↗ Nigerian crypto startup, Nestcoin, will lay off workers after losing assets to FTX crash - Nairametrics

Were you affected by this layoff?

Verify your Nestcoin email and join our talent pool — recruiters hiring in crypto will find you.

Report an update to this layoff →

Other crypto layoffs in 2022

KrakenExchange30% · Dec 28, 2022
AAutographNFT/Web3Dec 20, 2022
Amber GroupFintechDec 15, 2022
ChainlinkL1/ProtocolDec 6, 2022
GameStopFintechDec 6, 2022

View all crypto layoffs in 2022