Games Lays, a Web3 gaming studio, is revolutionizing gaming by merging blockchain technology and decentralization. Their games grant true asset ownership to players and embrace NFTs, driving the decentralized gaming industry forward.
Cheng YuanThe startup's founders attributed layoffs to economic conditions and
ClementDapper Labs CEO Roham Gharegozlou tweeted Thursday that the business had parted ways with 51 full-time employees and contractors, but insisted the company remains well capitalized. That follows previous layoffs in February this year and November last year.
TheBlockThe world’s largest crypto exchange by trading volume is reportedly downsizing amid mounting pressure from federal investigations.
dailyhodlGenesis Trading, a crypto lender, will eliminate 60 positions, or 30% of its workforce, as it attempts to economize and stave off a bankruptcy filing.
OthersOctopus Network has announced a set of restructuring measures amid current bleak market conditions, which will see roughly 40% of its members leave its core team.
decryptFacebook's parent company Meta has announced today that the firm is cutting down 11,000 workers, in what could be the biggest layoff in the US this year.
BitcoinistZuckerberg appeared downcast in a meeting and said he was accountable for the company's missteps and his overoptimism about growth had led to overstaffing.
OthersThe laid off workers were told they would be paid for 45 days.
CoindeskThe bear market in Bitcoin and altcoins has had a negative impact on staffing levels at major crypto companies, including exchanges, lending platforms and marketplaces.
Cointelegraph