A MESSAGE FROM OUR CEO

Important message from Crypto Dave

Nov 16, 2025
·
4 min read
Crypto Dave
CEO at Sennheiser


Crypto sent the following email to Sennheiser employees earlier today. Greetings, fellow Sennheisers! It is with a heavy heart that I must inform you that we have been forced to make the difficult decision of laying off 15% of our staff. It’s been a long and hard road trying to make sure the company is prepared for the future and unfortunately, we have been unable to achieve this. Our ambition was to get “all-in” on the cryptocurrency market, with the goal of providing our products to a wider audience and expanding our reach. Unfortunately, due to external factors, our plans were not successful and we have been left with no choice but to take this difficult decision.
It’s a shame that it has come to this but I must take responsibility for my decisions and be accountable for the consequences of our actions.
It’s a shame that it has come to this but I must take responsibility for my decisions and be accountable for the consequences of our actions. I want to thank all of our staff for their hard work and dedication during this challenging time. I understand this news will be difficult to process, but rest assured that we have worked extremely hard to make sure all of our people will have the support they need in this time of transition. Thank you for your understanding, Crypto Dave
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