Messari, a cryptocurrency research firm, has laid off approximately 15% of its workforce, as confirmed by CEO Ryan Turner. This decision is part of a broader trend of job cuts across the industry, which has seen numerous companies reducing staff in response to market pressures. Messari, founded in 2018, has been a significant player in blockchain research and was previously valued at $300 million. The layoffs come amid reports of other firms also making substantial reductions, including a claim that 830 employees were dismissed from municipalities affiliated with the Turkish political party, the Democratic Party (DEM), within 197 days.