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NFT fantasy sports startup Sorare lays off 13% of staff, as web3 gaming continues to sputter -- SCOOP from @rebecca_szkutak https://t.co/a1ZfuTlbSp via @techcrunch
🍨: Sorare lays of 13% of staff, plans to concentrate hiring for certain teams to Paris, and said the cuts aren't financial despite the bleak web3/NFT funding market https://t.co/gRCKGZXxis
NFT fantasy sports startup Sorare lays off 13% of staff, as web3 gaming continues to sputter: https://t.co/sEtgyfimK2 by TechCrunch #infosec #cybersecurity #technology #news
The NFT fantasy sports startup Sorare has announced a layoff of 13% of its workforce, emphasizing that the cuts aren't financial but a strategic move to concentrate hiring for certain teams in Paris. This decision reflects the ongoing challenges within the web3 gaming sector. Meanwhile, the ESL FACEIT Group, after laying off 15% of its workforce, conducted a town hall meeting where its Co-CEOs outlined the company's future plans. They shared insights, with a nod to @RLewisReport for the newsletter tip-off on Friday, into their strategy for navigating the current market conditions.
