Crypto Layoffs Report 2018
Tracking job cuts across the Crypto, Web3 and Blockchain industry in 2018.
Data sourced from public announcements, news and community reports.
Total jobs cut
150+
across disclosed cuts
Companies affected
8
with public announcements
Biggest cut
150
NEM Foundation in December 2018
Primary reason
Market conditions
cited most often
| Company | Jobs cut | % of workforce | Date ↓ | Reason | Source |
|---|---|---|---|---|---|
| NFNEM FoundationL1/Protocol | −150 | — | Dec 31, 2018 | Market conditions | CoinDesk |
| BBitmainMining | — | 50% | Dec 26, 2018 | Market conditions | CoinDesk |
| SSpankchainAdult/Web3 | — | 50% | Dec 15, 2018 | Market conditions | Medium / Spankchain |
 BasisStablecoin | — | 100% | Dec 13, 2018 | Regulatory | CoinDesk |
 ConsenSysL1/Protocol | — | 13% | Dec 6, 2018 | Restructuring | CoinDesk |
 ETCDEVL1/Protocol | — | 100% | Dec 3, 2018 | Market conditions | CoinDesk |
| SSteemitSocial | — | 70% | Nov 29, 2018 | Market conditions | CoinDesk |
 HuobiExchange | — | — | Aug 31, 2018 | Restructuring | CoinDesk |
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Updated September 2026 · CryptoJobsList.com
Data from public announcements & news. Not financial advice.
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