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Evening Standard
Evening Standard
Business
Simon Hunt

UK-founded crypto firm Blockchain.com lays off almost a third of workforce

Crypto blockchain United Kingdom Blockchaincom Coinbase

UK-founded crypto brokerage Blockchain.com is set to cut 28% of its workforce as the so-called ‘crypto winter’ intensifies.

The firm, which was founded by British entrepreneur Ben Reeves in York in 2011, plans to let go around 110 employees, according to reports by news site Coindesk. It adds to the roughly 150 staff cut from the firm in July last year.

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