NFT Marketplace Fires Half Of Their Staff

 

NFT marketplace OpenSea has reportedly laid off 50% of its workforce. The New York-based company job cut is an estimated 115 employees. 

The layoffs come at a time when the company actually plans to launch OpenSea 2.0. According to CEO David Finzer, the company will still launch OpenSea 2.0 with a smaller team. 

Finzer also refers to the job cuts as "significant organizational and operating changes".