Anchorage Dig2026-10-02 18:41:17Anchorage Digital reportedly cuts 17% of staff as it expands stablecoin and institutional businessAnchorage Digital, the federally chartered U.S. digital asset bank that was valued at $4.2 billion earlier this year, has reportedly cut 17% of its workforce, according to The Information. The report, which cited people familiar with the matter, said CEO Nathan McCauley told employees about the reductions this week. Based on McCauley’s congressional testimony in February that Anchorage had about 400 employees globally, the reported reduction would equal roughly 68 jobs if headcount had stayed near that level. Cointelegraph said it contacted a public relations representative for Anchorage but did not receive an immediate response. The report placed the layoffs against a weak crypto market over the past year, noting that Bitcoin briefly rose above $87,000 on Friday but remained far below its $126,000 peak from last October. The cuts come even as Anchorage keeps adding to its institutional presence in the regulated U.S. crypto sector. The company received a national trust charter from the Office of the Comptroller of the Currency in 2021, has grown into a major crypto custodian, has moved into stablecoin issuance including Tether’s new U.S. stablecoin USAT, and earlier this year received a $100 million strategic investment from Tether.40
Anchorage Dig2026-10-02 18:50:55Anchorage Digital cuts 17% of staff as crypto downturn stretches onAnchorage Digital, the federally chartered digital asset bank in the U.S., has laid off 17% of its workforce, according to a Friday report from The Information citing people familiar with the matter. CEO Nathan McCauley told employees about the decision this week. Based on Anchorage’s previously reported global headcount of about 400 employees as of February, the reduction would affect roughly 68 roles. The company was valued at $4.2 billion earlier this year. The Information linked the layoffs to a year-long slump in the crypto market. Bitcoin briefly climbed back above $87,000 on Friday, though it remained well below its $126,000 peak from October last year. Even as it trims staff, Anchorage is still expanding its footprint in the regulated U.S. crypto sector. The company became the first crypto firm to receive a national trust charter from the Office of the Comptroller of the Currency in 2021 and has since grown into a major crypto custody provider. More recently, it moved into stablecoin issuance, including participation in Tether’s new U.S. stablecoin USAT, and earlier this year received a $100 million strategic investment from Tether.40
Anchorage Dig2026-10-02 18:56:04Anchorage Digital reportedly cuts about 17% of staff at a $4.2 billion valuationAnchorage Digital, the U.S. digital asset bank, has reportedly laid off about 17% of its workforce, according to Cointelegraph, as cited by Odaily. Based on the company’s headcount of about 400 employees in February this year, the reduction would affect roughly 68 roles if staffing remained at a similar level. CEO Nathan McCauley informed employees of the layoffs this week. The reported cuts come after Anchorage Digital was valued at $4.2 billion earlier this year. In recent years, the company has expanded its regulated crypto business and moved into stablecoin issuance. That includes participation in Tether’s newly launched U.S. dollar stablecoin, USAT. Earlier this year, Anchorage Digital also received a $100 million strategic investment from Tether. The report did not disclose further details on the layoffs beyond the percentage cut and the internal notification by management.40
Nike2026-10-02 11:56:59Nike warns of layoffs as shares sink to a 13-year lowNike told investors on Thursday to brace for layoffs, weaker profitability, and fewer Jordan launches as the company’s stock fell to its lowest level in 13 years. The sportswear giant ended the regular session with a market capitalization of $53 billion, down sharply from its $264 billion peak in November 2021, then dropped another 9% in after-hours trading. In its latest quarterly report, Nike posted revenue of $11.2 billion, down 4% and below the $11.3 billion consensus, while earnings of $0.48 per share came in above estimates of $0.43-$0.44. Investors focused instead on the company’s guidance: Nike said full-year sales would decline by a high-single-digit percentage and projected adjusted earnings of $1.15-$1.35 per share, far below the $1.68 analysts had expected. The company also outlined a restructuring plan called Pace, which it said would generate cumulative savings of $2.5 billion by 2031. The program includes layoffs beginning in 2027, a new India campus, and a reorganization of sales regions. Weakness was broad-based, with Greater China down 26% on a currency-neutral basis, Converse revenue falling 28% to $263 million, digital sales down 13%, and Jordan revenue also declining.60
Apple2026-09-30 03:36:08Apple’s New CEO Plans Job Cuts as Memory Chip Costs ClimbApple’s new CEO John Ternus is preparing layoffs across several departments less than a month into the role, according to a Sept. 29 Bloomberg report cited by MarsBit. The planned cuts include small reductions in large teams and the cancellation of some early-stage projects seen as contributing little to revenue. The move comes as Apple faces mounting pressure from rising memory chip costs, which Morgan Stanley said are a key reason the company’s gross margin guidance for the fourth quarter of 2026 sits at 47% to 48%. TrendForce data cited in the report shows the bill of materials for a 256GB iPhone 18 Pro rose about 38% year over year, with memory’s share jumping from roughly 10% to around 34%, and potentially exceeding 40% in the first half of 2027. At the same time, Apple’s services business has shown signs of weakening. Services revenue reached $30.74 billion in the June 2026 quarter, up 12% from a year earlier but below analyst expectations and down nearly 0.8% sequentially. The report says Apple is also testing DRAM chips from China’s CXMT for iPhones and Macs sold in China, while lobbying Washington for approval to source chips from CXMT and YMTC for mainland China-bound devices.250
Apple2026-09-29 15:15:31Apple’s new CEO Ternus begins overhaul as previously planned 5,000 AppleCare job cuts are scrappedApple’s new CEO, Ternus, has started making changes aimed at running the company in a faster and leaner way, according to a Sept. 29 update cited by BlockBeats. The brief report says the overhaul is already underway, framing it as an effort to streamline Apple’s operations under the new leadership. The same update also says Apple, listed as AAPL.O, had previously planned to cut 5,000 AppleCare jobs. That plan was later canceled. No further details were provided in the source about the scope of the broader restructuring, the timing of the canceled layoffs, or the reasons behind the decision to reverse the AppleCare reduction plan.160
Apple2026-09-29 15:16:44Market chatter says Apple scrapped a plan to cut 5,000 AppleCare jobsChainCatcher reported that market chatter indicated Apple had originally planned to lay off 5,000 employees in its AppleCare unit, but later dropped that plan. The brief item did not include additional details on timing, internal decision-making, or the reason the layoff plan was canceled. No further information was provided in the source beyond the claim itself. As presented, the report centers on a reported workforce reduction plan involving AppleCare and a subsequent reversal, without naming additional sources or offering supporting documentation in the text.170
Bitcoin Suiss2026-09-15 11:32:01Bitcoin Suisse may cut up to 60 jobs in Switzerland after consultation periodBitcoin Suisse may eliminate as many as 60 positions in Switzerland after a consultation period ending on Sept. 20, according to a post shared by Bitcoin News on X. The company has told employees in Zug that the planned cuts could affect its Swiss workforce, while some back-office and software roles are set to move to its existing center in Bratislava and a new site in Vietnam. Founded in 2013, Bitcoin Suisse has around 200 employees globally and holds more than $3 billion in assets under custody. Majcen said the move is intended to support international expansion by making use of lower-cost locations, and is not a response to market conditions. The first wave of layoffs is expected before the end of the year.620
