Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring

“Just fifteen months ago, we were searching for product-market fit on Solana,” Lu wrote. “Since then, our business has grown significantly and the nature of our challenges has evolved. Our focus areas for 2023 include growing traction across chains, developing services for NFT creators, and exploring new use cases like rewards and social experiences. As we established these priorities for the year, we had to take a hard look at what structure and roles are needed. To be clear-eyed, addressing our strategic goals requires making changes to our team. In order to reach our goals, our team must encompass certain types of new skills and expertise without losing momentum.”

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• Source: https://www.coindesk.com/web3/2023/02/14/magic-eden-lays-off-22-staff-as-part-of-company-wide-restructuring/?utm_medium=referral&utm_source=rss&utm_campaign=headlines