The Sandbox Cuts Half of Its Staff, Restructures as Animoca Brands Take Control

The Sandbox, a prominent player in the virtual gaming and metaverse industry, has announced significant changes to its operations, resulting in a reduction of its workforce by 50%. This decision comes as part of a broader restructuring effort aimed at streamlining the company's processes and enhancing its effectiveness in a rapidly evolving market. The restructuring is also closely linked to the increased influence of Animoca Brands, which has taken control of the company, leading to a strategic shift in its business model and vision for the future. These changes underline the challenges faced by companies in the competitive landscape of digital gaming and highlight the necessity for adaptation in order to thrive. source: https://www.coindesk.com/business/2025/08/28/the-sandbox-cuts-50-staff-restructures-as-animoca-brands-take-control