While Amazon and Meta Lay Off Thousands, Binance and Circle Continue Recruiting Globally

A search for Web3 jobs worldwide on LinkedIn returns results for thousands of job ads, especially from Binance and Circle.
Image source: Alexander Shatov on Unsplash.

Quick take:

  • Binance has over 1000 job openings while Circle is actively recruiting for more than 560 open positions.
  • ConsenSys has 395 job openings globally.
  • Chainalysis is still planning to add more employees to its headcount despite being an FTX creditor.

Last week, Meta announced 11,000 staff layoffs as the company suffered significant losses from its $10 billion investment in the metaverse. On Monday, New York Times reported that Amazon plans to lay off about 10,000 employees in corporate and tech roles, and today, Amazon CEO Andy Jessy published a note about role reductions in the company saying that job cuts could continue into 2023.

With a looming recession and mass layoffs amid the ongoing crypto winter, a search for Web3 jobs worldwide on LinkedIn surprisingly returns results for over 3000 job ads posted in the past week. 

Many of them come from Binance, which posted 1,096 job openings in the last seven days. The company is still actively hiring for various roles including content, marketing, software, social media, NFT operations, customer service and many others in countries across Europe, Asia and the Middle East.

Circle, the principal operator of stablecoin USD Coin (USDC), is also seeking to expand its team as it posted 564 job ads on LinkedIn over the past week. The company is seeking a senior content designer, lead user researcher, lead product designer and creative director from major cities in the United States including New York, Los Angeles, Chicago, San Francisco, Washington and more.

With 395 job ads posted on LinkedIn over the past week, ConsenSys is looking for technical writers, visual designers, backend engineers, React engineers, lead Unity engineers and more from across Europe, South America, Asia, Africa and the Middle East. The roles are fully remote. As a perk for employees, the entire company participates in “zero productivity” days every quarter to take a break from work, shut down, and relax.

Despite being confirmed as a creditor to now-bankrupt FTX, blockchain analytics firm Chainalysis is still planning to add more employees to its headcount, with 43 job openings in the past week. Recruiting for the U.S. and Denmark, some of the vacant roles at the firm include content marketing manager, staff software backend engineer, and mid-market sales manager. It is not known how much FTX owes Chainalysis.

To further enable businesses, governments, and banks to solve high-profile criminal cases in the Web3 space, Chainalysis is also seeking a federal law enforcement investigator to support complex cryptocurrency investigations, conduct research, employ data analysis, write and present investigative findings to team members and customers.

With increasing regulatory scrutiny on Web3, OpenSea is seeking a counsel or senior counsel from England to help assess and respond to complex regulatory inquiries in the country. 

Major Web3 companies like Polygon, Binance, and Talos have added new hires and board members in recent weeks to help manage regulatory affairs while former U.S. Comptroller Joseph Otting took a board seat at Blockchain.com this week to help the company navigate Web3’s complex regulatory landscape.


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