Reports said that crypto companies are still hiring but might not be actively recruiting amid the market downturn. If you are considering joining the space, this is still a good time to get your feet on the door.
Tyler Feinerman, the Global Head of Talent for Wachsman, said:
"While there may not be as many open roles advertised as there were last year, companies are definitely still hiring. Our clients continue to come to us for assistance with finding top talent for key hires."
It has been reported according to data from LinkedIn that over 7,200 job positions were listed in October in the United States. Also, the number of monthly jobs posted on the blockchain job site Crypto Jobs List in September is back to the same level as one year ago.
However, the limited talent pool still represents a challenge for companies in the space, said Feinerman, even with the wave of layoffs that slashed over 11,000 positions in the past six months.
Emily Landon, the founder and CEO of The Crypto Recruiters, said:
"People in the industry are wearing many hats now."
She explained this as more companies have slowed down the hiring process in the past months. The opportunities are still there, she said, but the bear market affected the crypto and Web3 sector in various ways. Regular job posts are less likely to be found, meaning that candidates must actively network to land a position.
The report said that joining Discord and Telegram channels, along with crypto meetups to engage with community members, remain key strategies for those who seek to work in the crypto space.
Thus, Feinerman said:
"I really encourage people who are interested in working in the Web3 space to attend local meetups. Tons of cities have crypto meetups that anyone can attend, and they are great opportunities to network and meet people who are already in the industry."