Opensea Cuts 20% Of Its Employees Citing Economic Instability
Citing economic instability, especially around the cryptocurrency, OpenSea is cutting 20% off its workforce. This was officially noted by the platform’s CEO, whom he initially shared on the company’s Slack channel. He further stated that the company would go through a prolonged downturn like this; thus, cutting a few people would make it prepare for it. Letting Go Of Employees With the global economy falling apart gradually, many tech companies are cutting jobs as one of the measures to save up on costs....