MASSIVE FIRING TOOK PLACE IN CRYPTO INDUSTRY DUE TO ITS FALL
Many in the crypto world are clinging to their screens with their eyes fixed on the financial situation this week. Not so with everyone, as thousands are experiencing sudden unemployment.
Words of encouragement and sympathy also came from Twitter and LinkedIn comforting people who have been released from their jobs. Some expressed frustration, confusion and anger while others expressed gratitude, renewed vision and reflection.
With the newly acquired talent entering the social media platform to inform the world, many companies have stepped in and offered job interviews to the underprivileged.
Binance has been speaking on social media, offering 2,000 jobs instead of recently fired thousands. The company’s CEO and president Changpeng Zhao, or CZ, provided additional support to the newly formed pool of talent.
CZ continued, “While many projects and trades will struggle with the bear market, many will return stronger than before. Those who fail faithfully, will start new projects and bring critical learning to this experience. This is how the industry grows. ”
Ripple (XRP) also provided opportunities with a tweet sent by their CEO, Brad Garlinghouse.
Crypto exchange Kraken has intervened to provide conditional job opportunities. The 32-page manifesto outlining the company's culture has been issued to those interested in wanting to join the company.
Many other companies have sent tweets that offer new job opportunities.
Rob Behnke, CEO of Halborn Security, wrote on Twitter about the far-reaching opportunities in advertising, marketing, security engineering and HR.
In recent days, token prices have taken a dive, investment firms and exchanges are facing a financial crisis, and Bitcoin support at $ 23,000 continues to be withdrawn by some until they see $ 8,000 as revenue. Many portfolios are deeply red as most investors consider protecting their tax losses as a way to help alleviate their financial pain.
Criticism from Hester Peirce was echoed by the SEC, while Mark Cuban offered some wise words, "As [Warren] Buffett says, 'When the wave comes out, you get to see who's naked.'" Job seekers, investors and crypto enthusiasts he can only wait in a drunken mood for what will happen next.