NewsMV
A 14% workforce reduction at Bitwise puts the crypto firm in focus alongside a year of broad industry labor cuts.
The announcement pairs a concrete headcount reduction with a stated expectation of continued growth, a framing that separates Bitwise from most peers, who have pointed to AI transitions and market forces to explain their own moves.
Bitwise has not provided a headcount baseline, so the absolute number of roles affected stays unconfirmed.
Where Bitwise fits on the year's layoff list Coinbase (COIN), BitGo, Robinhood (HOOD), Polygon, and Pump.fun have each announced workforce reductions this year.
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