Yuga Labs Lays Off More Staff in Latest Restructuring Program
- Yuga Labs has embarked on a restructuring program.
- According to Yuga CEO, he is hellbent on transforming the company back to its roots.
- Yuga’s restructuring involves laying off staff and refocusing on the company’s goals.
Yuga Labs, the company behind the famous Bored Ape Yacht Club (BAYC) NFT collection, has started a restructuring program. In a recent post on X, the Yuga Labs CEO, Greg Solano, said he is hellbent on transforming Yuga and “getting the company back to its roots.”
gm, really tough day today. I am hellbent on transforming yuga and getting us back to our roots, and that means making hard decisions. by far the hardest is saying goodbye to some talented team members. here was my message to the team this morning. pic.twitter.com/gBkoNf2iK3
— Garga.eth (Greg Solano)(@CryptoGarga) April 26, 2024
According to Solano, the restructuring program will involve several hard decisions, the hardest of which would be saying goodbye to some talented team members. He cited a direct message he sent the Yuga team, highlighting the core reasons behind the restructuring decision.
In the message, Solano clarified his determination to change what they do …
The post Yuga Labs Lays Off More Staff in Latest Restructuring Program appeared first on Coin Edition.
