Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Uphold Slashes Workforce Amid Crypto Market Downturn

Guavy AI Editorial Team
Share

Crypto trading platform Uphold has reduced its workforce by approximately 17% due to the current crypto market slump and decrease in retail investor activity. According to CoinDesk, this restructuring is part of a strategy to focus on business-to-business services.

The layoffs affect around 85 employees, including both full-time staff and contractors. This move comes as the company aims to adapt to the changing market conditions.

More on Crypto

Crypto just now

Fireblocks Unveils Tools for Scaling Digital Asset Operations Securely

Crypto just now

Brazilian Company OranjeBTC Expands Bitcoin Holdings to 3,918

Crypto 1m ago

XRP Ledger's Rapid Growth Attracts Market Attention with $2.6 Billion in Tokenized Assets

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy