NFT marketplace Opensea lets go of 20 percent of its staff
The world’s largest NFT platform, Opensea, is cutting 20 percent of its workforce. The information comes directly from CEO Devin Finzer, whoa screenshot of a Slack message he'd sent to the entire company staff Thursday. Finzer blamed the economic instability around both crypto specifically and the economy broadly for the layoffs. The cuts, he wrote, would prepare the company in the event of a prolonged downturn.
“The changes we’re making today put us in a position to maintain multiple years of runway under various crypto winter scenarios , and give us high confidence that we only have to go through this process once." Today is a hard day for OpenSea, as we’re letting go of ~20% of our team. Here’s the note I shared with our team earlier this morning:
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