Dapper Labs Announces Another Round of Layoffs Despite Strong Capital Position

Dapper Labs CEO Roham Gharegozlou announced today that they have parted ways with 51 full-time employees and contractors, but assured that the company’s capital is in good shape. The new layoff decision comes after the layoffs in February of this year and November of last year. Company’s Revenue Significantly Dropped Dapper Labs, the company behind NBA Top Shot and Flow Blockchain, has conducted a new round of layoffs by dismissing 51 employees including full-time staff and contractors. This decision came following layoffs that occurred in February at a rate of 20%, and in November 2022 at a rate of 22%. Dapper Labs CEO Roham Gharegozlou admitted the difficulty of the decision but emphasized that it was necessary for a leaner and more efficient company. Gharegozlou reassured that they are well capitalized to continue the missions of both Dapper Labs and Flow. He stated that Flow has a separate capital pool […] The post Dapper Labs Announces Another Round of Layoffs Despite Strong Capital Position appeared first on COINTURK NEWS.