LockMeta
  • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • NFT News
    • Metaverse News
    • Business News
    • Policy News
  • Market Cap
  • Buy Crypto
Facebook Twitter Telegram
Trending
  • Data: In the past 24 hours, the entire network has been liquidated by 240 million US dollars, and Ethereum has been liquidated by 89.14 million US dollars.
  • MEP Stefan Berge launches Bergoletten NFT
  • Director of Digital Asset Strategy at VanEck: About $1 billion has been transferred from USDC to USDT in the past 1 month
  • Hybrid algorithmic stablecoin protocol Frax Finance to launch lending platform Fraxlend
  • CME Bitcoin futures open interest fell from 12,849 to 12,510
  • Dubai establishes digital asset business group to focus on strengthening the digital asset industry
  • Thomas Farley: Bitcoin should be part of every portfolio
  • PeckShield: varen finance says it believes malicious actors have made a proposal on-chain to try to empty the remaining VRN
Monday, August 15
LockMeta
  • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • NFT News
    • Metaverse News
    • Business News
    • Policy News
  • Market Cap
  • Buy Crypto
Facebook Twitter Telegram
LockMeta
Twitter Telegram
Home»Crypto News Flash»Business»OpenSea has cut about 20% of its workforce

OpenSea has cut about 20% of its workforce

Business July 17, 2022
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Devin Finzer, co-founder and CEO of NFT marketplace OpenSea, announced Thursday that the company has cut about 20% of its workforce.

OpenSea said it will provide “generous severance packages, full-year health insurance through 2023, and accelerated equity vesting” for retrenched employees.

“Everyone who leaves has played a key role in OpenSea’s journey, and the reality is that we have entered an unprecedented combination of crypto winter and macroeconomic instability, and we need to prepare the company for the possibility of a prolonged downturn,” Finzer wrote. be ready”.

According to Finzer, this round of layoffs will allow OpenSea to maintain normal operations for five years amid the crypto bear market.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

PeckShield: varen finance says it believes malicious actors have made a proposal on-chain to try to empty the remaining VRN

August 15, 2022

Report: Media and Entertainment Industry Blockchain Market Size Expected to Reach $11.8 Billion by 2030

August 15, 2022

Binance Receives In-Principle Approval From Kazakhstan Regulators, Will Offer Digital Assets Locally

August 15, 2022

The Latest

Data: In the past 24 hours, the entire network has been liquidated by 240 million US dollars, and Ethereum has been liquidated by 89.14 million US dollars.

August 15, 2022

MEP Stefan Berge launches Bergoletten NFT

August 15, 2022

Director of Digital Asset Strategy at VanEck: About $1 billion has been transferred from USDC to USDT in the past 1 month

August 15, 2022

Hybrid algorithmic stablecoin protocol Frax Finance to launch lending platform Fraxlend

August 15, 2022

CME Bitcoin futures open interest fell from 12,849 to 12,510

August 15, 2022
Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service
© 2022 LockMeta.

Type above and press Enter to search. Press Esc to cancel.