NFT Firm Dapper Labs to Fire 20% of Employees

Canada-based NFT company Dapper Labs has announced plans to lay off another 20% of its employees after cutting its staff by 22% in November last year.

About 134 employees of the firm left their jobs in the fall, The Block has reported.

Dapper Labs CEO Roham Gharegozlou has said that the cuts are a “corporate restructuring.” According to him, the company has “a stable financial position and no outstanding debt.”

Flow Blockchain Community Manager Drew Garrison has said:

“So, after almost two years of work, many restructurings and layoffs, my time has come. Another 20% reduction today.”

Content manager Daniel Martin has also said that he was affected by a new wave of layoffs.