Chainalysis lays off 20% of its employees to focus on ‘path to profitability’

Blockchain analytics firm Chainalysis cut its workforce by 20% Thursday, laying off 39 employees, per a CoinDesk report. The layoffs affect positions across the company, with the research and development teams bearing the brunt, according to the firm’s director of communications Maddie Kennedy.The post Chainalysis lays off 20% of its employees to focus on ‘path to profitability’ appeared first on The Block.