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News Explorer — MoonPay Denies Layoffs After Recent Departures: Report

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Mar 30, 12:56 pm
The Block

MoonPay Denies Layoffs After Recent Departures: Report

Despite MoonPay's claims of growth, The Block's analysis of LinkedIn records and interviews with people familiar with the matter suggest that at least 40 staffers have left the company in the past six months, with an average tenure of no more than 10 months. A company spokesperson insisted that they weren't layoffs, but rather part of an effort to "smart scale" the team.

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