Yuga Labs CEO Daniel Alegre announced that the company will restructure and cut the number of employees.
In the statement he shared the other day, Alegre said, “As a result of my recent evaluation, I have decided that we need to restructure the Yuga Labs teams.” said.
This decision taken by the CEO of Yuga Labs resulted in the loss of some employees working in the company. termination of employment It resulted in . Alegre said the following about his role in the company:
When I joined the Yuga team six months ago, my first priority was to chart a creative path for our team and the vision of building a community. I soon realized that, no matter how well-intentioned, there were projects that challenged our team or exceeded our core competencies.
The company will continue to grow its community and develop its metaverse project throughout the future. Otherside will move forward by working on it.
Metaverse project Otherside launched earlier this year. millions of dollars had sales volume. However, according to The Block data, this volume since april began to decline and in the first week of October $356,000 It was recorded as .
The article titled Another Cryptocurrency Company Made Layoffs: The Target is Growth was prepared by Selim Kuşçu and published on koinbulteni.com.