Tag: Layoff
Sky Mavis Cuts 21% Staff Amid Strategic Shift
Sky Mavis cuts 21% of its workforce to refocus resources for expansion in 2025. The focus moves to Ronin Wallet, the new Axie game, and…
Alibaba Reportedly Lays Off Dozens in Metaverse Division
Alibaba’s metaverse division faces layoffs as its focus switches to AI. Major technology companies are reallocating resources away from the metaverse. Alibaba, the Chinese e-commerce…
Matter Labs Shrinks Workforce by 16% as Zksync Shifts Its Strategy
Matter Labs reduces its workforce by 16% in response to market and business changes. The company promotes decentralization and operational efficiency. Matter Labs, the key…
