Binance lays off 1,000 employees — July 14, 2023
Binance, a crypto company based in Cayman Islands, laid off 1,000 employees on July 14, 2023. The layoff was reported by this source.
Source: https://www.wsj.com/articles/binance-lays-off-over-1-000-employees-d59ff6ad
Track all startup layoffs live →
Recent layoffs in Cayman Islands
| Company | Laid off | Date | Industry | Country |
|---|---|---|---|---|
| Polygon | 60 | January 16, 2026 | Crypto | Cayman Islands |
| Polygon | 60 | February 1, 2024 | Crypto | Cayman Islands |
Recent Crypto layoffs
| Company | Laid off | Date | Industry | Country |
|---|---|---|---|---|
| StarkWare | — | April 13, 2026 | Crypto | Israel |
| Gemini | — | March 20, 2026 | Crypto | United States |
| Crypto.com | — | March 19, 2026 | Crypto | Singapore |
| Entropy | — | January 25, 2026 | Crypto | United States |
| Polygon | 60 | January 16, 2026 | Crypto | Cayman Islands |
See all layoffs from July 2023 or the full startup layoffs tracker.