In 2026, 3 crypto & fintech companies have cut a combined 4,380 jobs, averaging 25.7% of workforce per company.
Crypto and fintech layoffs reflect an industry correcting from over-hiring during the 2021-2022 boom. Block's 40% reduction and Gemini's 30% total cuts show platforms that cannot sustain bull-market cost structures in a normalized market.
| Company | People Cut | % of Workforce | Date | Category |
|---|---|---|---|---|
| Block | 4,000 | 40% | AI-DRIVEN | |
| Gemini | 200 | 25% | AI-DRIVEN | |
| Crypto.com | 180 | 12% | AI-DRIVEN |