How the crypto hiring landscape is responding to industry layoffs

As the crypto market struggles to gain its footing in the wake of FTX’s demise, sweeping layoffs have thinned the ranks of many companies.

In this episode of The Scoop, Rob Paone, founder and CEO of crypto recruiting firm Proof of Talent, shares his perspective on how the crypto hiring landscape has changed during the bear market.

According to Paone, the current dynamic between job seekers and prospective employers is much more balanced than it was last year:

“It's not 100% a company market right now… but it is a lot more equal than six to twelve months ago — it was a totally candidate-driven market of individuals naming their price and going wherever they wanted with multiple offers.”

Paone says that candidates with technical skills should still be able to find plenty of opportunities: 

“The easiest transition for a lot of people is technical roles — there is a huge demand still for engineering talent…the non-technical roles can get a little bit more challenging.”

Episode 119 of Season 4 of The Scoop was recorded live with The Block's Frank Chaparro, and Rob Paone, Founder and CEO of Proof of Talent.

Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests can be sent to podcast@theblockcrypto.com.

This episode is brought to you by our sponsors Tron, Ledn

About Tron

Founded in 2013, Huobi Global is one of the largest virtual asset exchanges in the world. Huobi Global serves millions of users across international markets. Since its establishment, Huobi Global has committed to providing first-class virtual asset investment services. Huobi Global's robust infrastructure, product innovation and capital strength provides a truly customer-centric and secure trading environment to help our international users to achieve their investment objectives. Please refer to Huobi's official website for more information: huobi.com.

About Ledn

Ledn was founded on the unshakeable conviction that digital assets have the power to democratize access to the global economy. We help you to experience the real life benefits of your Bitcoin without having to sell it. Start a savings account, take out a loan, or double your Bitcoin. For more information visit Ledn.io