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Cryptocurrencies, Predictions, Opinions, & Comments

“Coinbase lays off 18% of workforce as executives prepare for recession and ‘crypto winter’” Plus My Opinion On Cryptocurrency’s Future

“…The cryptocurrency exchange will cut 18% of full-time jobs, according to an email sent to employees Tuesday morning. Coinbase has roughly 5,000 full-time workers, translating to a head count reduction of around 1,100 people…. “We appear to be entering a recession after a… Continue Reading…

Business

“Men’s Wearhouse owner Tailored Brands plans to shut 500 stores, cut 20% of corporate workforce”

“Tailored Brands said it is eliminating roughly 20% of its corporate workforce by the end of its fiscal second quarter. It also said it has selected up to 500 stores that it could close “over time.” It did not disclose locations…… Continue Reading…

Business

“Big Uber Shareholders Rebel on CEO’s Huge Pay Package Amid… Layoffs”

“At Uber’s 2020 shareholders meeting on Monday, a group representing large Uber shareholders took issue with how much the ride-sharing giant is paying its CEO Dara Khosrowshahi while the company slashes thousands of jobs and its contractor drivers struggle to make ends… Continue Reading…

Economy

“Canada Oil Industry Loses Over 20% Of Workforce Since 2014”

“Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of the 2014 total, which stood at 226,500. These are among… Continue Reading…