Search
NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter
8.11.2023
Elon Musk slams NFTs on the Joe Rogan podcast only to unintentionally make the case for Bitcoin Ordinals
Assassin’s Creed Publisher Continues To Downsize, Lays Off More Staff
7.11.2023
In a year full of video game layoffs, Assassin’s Creed maker Ubisoft Montreal is the latest to get hit by ongoing cuts. Kotaku has learned that the publisher announced 75 new layoffs across its Canadian offices today as part of a “reorganization” of its general and administrative teams, Ubisoft...
Ava Labs Cuts Staff by 12% to Reallocate Resources for ‘Growth’ – Here’s the Latest
7.11.2023
Source: AdobeStock / freshidea Ava Labs, the team behind the Avalanche ( AVAX) blockchain, has confirmed a 12% reduction in its workforce citing the need to reallocate resources as the driving force behind the staff cuts. Emin Gün Sirer, founder and CEO of Ava Labs, announced the news in a recent...
NFT Marketplace OpenSea to Reduce Workforce as it is Planning “Big Changes”
6.11.2023
Leading non-fungible token (NFT) marketplace OpenSea, unveiled plans to lay off half its workforce, amid the company’s major restructuring plans. The platform’s CEO Devin Finzer wrote on X (Twitter) that the firm is making “big changes” to focus on a new version –...
Bungie To Destiny 2 Fans: 'We Have Lost A Lot Of Your Trust'
2.11.2023
Bungie called this week “one of the most difficult” in its history in its first address to Destiny 2 players since news broke of mass layoffs and delays at the studio. The statement went on to double-down on Bungie’s commitment to the upcoming The Final Shape expansion, but left many more questions...
Report: Bungie Blames 100 Layoffs On Players Leaving Destiny 2
31.10.2023
Bungie employees knew the Destiny 2 studio was struggling, but might not have expected a recent mass layoff of roughly 100 staff. That’s according to a new report by Bloomberg which details a meeting earlier this month in which studio leadership blamed poor player retention following 2023's...
Destiny 2 Maker Bungie Latest PlayStation Studio To Cut Staff
30.10.2023
Bungie is the latest PlayStation studio to face layoffs. While the scale of the cuts wasn’t immediately apparent, multiple, now-former staff members began posting on social media on October 30 that they’d been let go by the beloved Destiny 2 maker. Read more
Parity Technologies layoffs raise concerns about Polkadot’s future
27.10.2023
Parity Technologies recently announced laying off 30% of its staff. This roughly equates to 100 employees. There are two sides to this story: employees are claiming that Parity is trying to save itself from financial struggles, and the company is claiming that it is part of the process...
Crypto Layoffs Continue: Polkadot Blockchain Developer Parity to Cut 30% Workforce
25.10.2023
Polkadot blockchain developer Parity Technologies is the latest blockchain firm to conduct layoffs.
The DLT infrastructure company confirmed to Bloomberg that it would cut 30% of its employees – around 100 staff – in a move to refocus on its core blockchain services....
Read More: Crypto Layoffs...
Dev platform Stack Overflow axes 28% of staff as AI competition grows
17.10.2023
The technology Q&A forum has seen declines in web traffic since the launch of ChatGPT in 2022
Epic Games' Messy Bandcamp Sale Ends With Mass Layoffs
16.10.2023
“Music is healing,” the late musician Prince once said. Bandcamp co-founder Ethan Diamond told NPR in 2020 that the point of the independent digital music platform he was building was to bring that power of healing to everyone. Many current Bandcamp employees are going to need it. Epic Games, which...
Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts
7.10.2023
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...
Ledger lays off 12% of staff, citing 'macroeconomic headwinds'
5.10.2023
The wallet manufacturing firm reportedly had roughly 734 employees at the time of publication, suggesting that roughly 88 people may have lost their jobs
Crypto Custody Firm Ledger Cuts 12% of Staff
5.10.2023
The company cited macroeconomic headwinds limiting the company's ability to drive revenue as a reason for the cuts
Ex-Dragon Age Devs Sue BioWare Over Denying Full Severance
4.10.2023
BioWare laid off 50 employees at the end of August. Mary Kirby was one of them. A 17-year veteran of the studio beloved for its story-driven RPGs, Kirby has worked on every Dragon Age game, and her contributions have shown up in some of the series’ most memorable characters and questlines....
Last Of Us Studio Naughty Dog Is Cutting Developers
3.10.2023
The video game industry is currently facing a big wave of layoffs, and even contract developers at PlayStation first-party studio Naughty Dog aren’t immune. Kotaku has learned that the maker of hits like Uncharted 4: A Thief’s End and The Last of Us Part II has begun cutting contracts short...
Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn
3.10.2023
In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce.
CEO Michael Gronager informed employees of the decision in an email on Monday evening, according to a recent...
Chainalysis axes another 15% of staff citing difficult market conditions
3.10.2023
The Chainalysis workforce will be reduced by around 150 as the bear market bites deeper
Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public
2.10.2023
Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CoinDesk, further delaying what Chia had hoped would be a rapid path to listing as a public company
Fortnite Brings Back 'Share The Wealth' Emote On Same Day As Mass Layoffs
29.9.2023
The video game industry is still reeling from Epic Games’ September 28 announcement that it will lay off nearly 900 employees. If developers at the Fortnite money-printing factory aren’t safe, nobody is. In perhaps the worst-timed microtransaction ever, Fortnite’s “Share The Wealth” emote went back...