{"id":642348,"date":"2026-08-12T18:52:40","date_gmt":"2026-08-12T18:52:40","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/12\/bitwise-cuts-14-of-staff-while-still-expecting-growth\/"},"modified":"2026-08-12T18:52:40","modified_gmt":"2026-08-12T18:52:40","slug":"bitwise-cuts-14-of-staff-while-still-expecting-growth","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/12\/bitwise-cuts-14-of-staff-while-still-expecting-growth\/","title":{"rendered":"Bitwise cuts 14% of staff while still expecting growth"},"content":{"rendered":"

\"Bitwise<\/p>\n

Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to AI and market forces.<\/p>\n

Digital asset manager Bitwise has cut 14% of its staff in a move that reduced workers at the San Francisco-headquartered company from about 180 to 155 people.<\/p>\n

A Bitwise spokesperson confirmed to Cointelegraph on Wednesday that it had laid off about 25 people amid a crypto market downturn. The company is the latest in the crypto industry to announce staff cuts in 2026, following similar moves by Robinhood<\/a>, Polygon, Pump.fun and others.<\/p>\n

Bloomberg earlier reported<\/a> that Bitwise chief executive Hunter Horsley said that the company still expects growth as crypto \u201cfurther integrates into the global economy.\u201d The company acquired Chorus One in February<\/a> in a move expected to expand its staking services.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to AI and market forces. Digital asset manager Bitwise has cut 14% of its staff in a move that reduced workers at the San Francisco-headquartered company from about 180 to 155 people. […]<\/p>\n","protected":false},"author":1,"featured_media":642349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-642348","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/642348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=642348"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/642348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/642349"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=642348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=642348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=642348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}