OpenSea lays off 50% of its workforce and will reposition the team around "OpenSea 2.0"
NFT marketplace company OpenSea confirmed to Decrypt that it has laid off about half of its employees, with a company representative stating that approximately 50% of the entire company was affected. OpenSea co-founder and CEO Devin Finzer posted on X platform, saying, "Today, we are repositioning our team around 'OpenSea 2.0,' a major upgrade to our product that includes fundamental technology, reliability, speed, quality, and experience. We will change how we operate, moving towards smaller teams that directly engage with users. During the rebuild, we will continue to support existing products and iterate on OpenSea 2.0 in public testing - staying agile, professional, and focused."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Core Scientific Nets $580M in Q1 Despite Revenue Miss, Eyes AI and HPC Future
Nasdaq-listed Bitcoin miner Core Scientific Inc. has reported a net income of $580 million for the first quarter of 2025, more than double the $210 million recorded during the same period last year. However, the firm fell short of analyst expectations for revenue, signalling the growing impact of industry shifts and operational transformation.
Federal Reserve’s Tight Policy Affects Bitcoin Growth
[Initial Listing] Bitget Will List Doodles (DOOD). Come and grab a share of 7,250,000 DOOD !
SEC Settles Lawsuit with Ripple and Executives
Trending news
MoreCrypto prices
More
