The digital asset market continues to experience one of its longest, most bitter winters in recent history, leading established companies in the space to introduce a fresh round of crypto job cuts. Prominent NFT firm and creator of the NBA Top Shot marketplace announced laying off 51 of its staff members.
The latest round includes job cuts for full-time employees as well as C1 contractors.
Dapper Labs’ Another Round of Layoff
Dapper Labs CEO Roham Gharegozlou announced on July 13 that the move was necessary to ensure a “lean and efficient” company amidst the bear market.
“We said goodbye to 51 brilliant colleagues and friends today Dapper Labs – this is the note I sent our team. We remain fully dedicated to our core communities and committed to building amazing products that push the world forward together.”
This is the third round of layoffs following the downsizing of employees by 20% in February this year, during which Gharegozlou stated that the move was part of Dapper
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