Crypto Layoffs Report 2025
Tracking job cuts across the crypto, Web3 and blockchain industry in 2025. Data sourced from public announcements and news. Know of a layoff that's missing? Submit it below.
Total jobs cut
947+
across disclosed cuts
Companies affected
18
with public announcements
Biggest cut
~65%
Eclipse Labs
Primary reason
Restructuring
cited most often
| Company | Jobs cut | % of workforce | Date ↓ | Reason | Source |
|---|---|---|---|---|---|
 BlockworksResearch | — | — | Oct 29, 2025 | Restructuring | thestreet.com |
 The SandboxMetaverse / Web3 Gaming | — | 50% | Aug 28, 2025 | Restructuring | BlockworksForkLog+4 more |
 Sky MavisL1/Protocol | — | 21% | Aug 27, 2025 | Market conditions | NFT Plazas |
ELEclipse LabsL1/Protocol | — | 65% | Aug 25, 2025 | Restructuring | The Block |
LLidoDeFi | — | 15% | Aug 4, 2025 | Restructuring | The Block |
 ConsenSysWeb3 Infrastructure | −47 | 7% | Jul 23, 2025 | Market conditions | forklog.comthestreet.com+1 more |
 Eigen LabsL1/Protocol | — | 25% | Jul 9, 2025 | Restructuring | forklog.comThe Block+1 more |
 LedgerWallet | — | — | Jun 22, 2025 | Market conditions | Decrypt |
 Ethereum FoundationResearch | — | — | Jun 3, 2025 | Restructuring | The BlockCoinDesk |
 HashKeyExchange | — | — | May 30, 2025 | Market conditions | binance.com |
 TreasureWeb3 Gaming | — | — | May 28, 2025 | Market conditions | Blockworks |
 ImmutableL1/Protocol | — | 33% | May 21, 2025 | AI pivot | CCN.comAFR |
 KrakenExchange | — | 30% | Apr 17, 2025 | Restructuring | BinanceFinTech Futures+4 more |
 Crypto.comExchange | — | 20% | Apr 12, 2025 | Market conditions | FinTech Futures |
 BlockFintech | −900 | — | Mar 27, 2025 | Restructuring | futurism.com |
NE(Ninety Eight (Coin98)Wallet | — | 20% | Mar 7, 2025 | Other | BinanceBinance |
PLPhoenix LabsGaming | — | — | Jan 27, 2025 | Restructuring | GamesRadar+ |
 MessariResearch | — | 15% | Jan 10, 2025 | Market conditions | The BlockTech in Asia+2 more |
Layoffs by month
People laid off (red) and companies affected (blue) per month in 2025.
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Updated July 2026 · CryptoJobsList
Data from public announcements & news. Not financial advice.
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