Google, Amazon, Microsoft, Meta – global tech giants cut thousands of employees over the past year. As the layoffs continue, the question is how all this turmoil affects the Web3 job market. Is anybody still hiring there?
DailyCoin talked to Michael Shlayen, founder and CEO of Blockchain Headhunter, on how the Web3 recruitment industry deals with the crypto bear market.
His Web3 executive search and recruitment company is one of the field’s leading talent providers, working with the biggest names in the crypto space.
Web3 Job Market Slows Down
According to the CEO, the Web3 hiring market is 90 percent down compared to the times of the crypto bull rally. The whole crypto space is suffering winter’s consequences, and hiring here has slowed.
“More companies are laying people off these days than they’re hiring. It’s only ten or fifteen percent of the demand that we had a year ago or a year…
