Algorand Foundation

Fintech
United States1 layoff round tracked
50

Total Jobs Cut

March 2026

Most Recent

50

Largest Single Layoff

No

AI Cited

Layoff Timeline

March 2026

50 jobs cut(25% of workforce)

Reason: Crypto industry layoffs grow as market consolidates

Source: Decrypt

About Fintech Layoffs

20,270

Total industry layoffs

45%

AI-cited events

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Other Fintech Layoffs

Block

1 round

4,000 jobs
Block (Square/Cash App)

1 round

4,000 jobs
PayPal

1 round

2,500 jobs
PayPal

1 round

2,500 jobs
Klarna

1 round

2,000 jobs

Sources

Decrypt

Crypto industry layoffs grow as market consolidates

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