Analysis of Google search data reveals that searches for ‘remote crypto jobs’ exploded 560% worldwide in June 2022 – the highest level in internet history. Search interest hit its highest ever between 12 and 18 June, following announcements that several high-profile crypto companies, Coinbase, Crypto.com, Gemini Exchange and BlockFi were laying off parts of their workforce.
Searches For Remote Crypto Jobs Surge
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Meanwhile Binance, Kraken and Polygon announced that they were accelerating recruitment, as companies in various sectors battle for crypto and blockchain tech talent amid ongoing market volatility and mass layoffs in the technology sector, which is experiencing a downturn after strong performance throughout the pandemic.
Capitalising on the layoffs sweeping the crypto and tech sector, other companies hungry for the best IT talent are battling against each other to recruit, and those that have suddenly found themselves out of a job will likely find they are in demand as rivals compete in a competitive labour market.
A spokesperson from Cryptojobslist.com, commented on the findings:
“The surge in search interest also comes at a time where high-profile tech companies are laying off employees after a market downturn, where hiring managers now suddenly have an influx of in-demand tech talent to pursue.
“Tech in general is struggling in a difficult market, as stocks slump and economic uncertainty takes effect. But that doesn’t mean that tech workers aren’t in demand, quite the opposite, according to this CNBC report.
“Like other markets, crypto has become volatile recently, with some widely-reported layoffs. However we are seeing that high-profile companies are undeterred and are continuing to invest in blockchain and web3 talent, seeing the long-term value in the technology. While some firms have admitted growing too quickly, others have managed to grow sustainably, as Binance announced its plan to hire 2,000 people. Those that were affected by layoffs in the crypto industry will likely find opportunities soon after, given that industries are still hungry for those that have a passion and understanding for cryptocurrency and blockchain technology.””
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