At least 40 employees have been fired or left MoonPay in the past six months, and the average tenure of the more than 50 people who have left MoonPay since the beginning of last year is no more than 10 months. Despite this, MoonPay said that its full-time headcount has actually increased from 190 to 279 since March last year. The company is still hiring, which means that the recent layoffs will not lead to a reduction in the number of employees. (The Block)
