NFT marketplace OpenSea lays off 20% of its staff: ‘We have entered … crypto winter’

NFT marketplace OpenSea lays off 20% of its staff: ‘We have entered … crypto winter’

2 years ago
Anonymous $0BkBa0cUPa

https://techcrunch.com/2022/07/14/nft-marketplace-opensea-lays-off-20-percent-of-its-staff-we-have-entered-crypto-winter/

Despite a significant depression in crypto markets, plenty of top players have been hesitant to say that the good times are over for the time being, but as NFT marketplace OpenSea announces today that its laying off around 20% of the company’s employees, the top crypto startup’s CEO isn’t mincing words.

” … [T]he reality is that we have entered an unprecedented combination of crypto winter and broad macroeconomic instability, and we need to prepare the company for the possibility of a prolonged downturn,” OpenSea CEO Devin Finzer said in a message shared with staff that he posted publicly on Twitter as well.