Crypto Layoffs Report 2020
Tracking job cuts across the crypto, Web3 and blockchain industry in 2020. Data sourced from public announcements and news. Know of a layoff that's missing? Submit it below.
Total jobs cut
—
none disclosed
Companies affected
2
with public announcements
Biggest cut
~12%
BitGo
Primary reason
Restructuring
cited most often
| Company | Jobs cut | % of workforce | Date ↓ | Reason | Source |
|---|---|---|---|---|---|
 BitGoWallet | — | 12% | Apr 20, 2020 | Restructuring | CoinGeek |
BBitfarmsL1/Protocol | — | — | Apr 8, 2020 | Market conditions | Blockonomi |
Layoffs by month
People laid off (red) and companies affected (blue) per month in 2020.
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Updated July 2026 · CryptoJobsList
Data from public announcements & news. Not financial advice.
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