The NFT Opensea trading platform dismisses 20% employees – Bits Media

Opensea Director General Devin Finzer said, that companies need to adapt to current market conditions, And so she dismisses 20% your staff.

The exact number of fired is unknown, Like specific affected departments of the company. Devin Fincer (I become Finzer) considers, that the reductions will benefit the company in the long run:

“Reality is as follows, that we entered into an unprecedented combination of “cryptosim” and wide macroeconomic instability, and we need to prepare the company for a possible long decline. Changes, which we make today, will allow us to support the company in a stable state for several years ".

Dismissed employees will receive a 12-week weekend allowance, six -month medical insurance and the ability to receive psychiatric care. Besides, The company will help employees in the future employment.

According to Dune Analytics, Since August 2021 Opensea years stably earned an average of about $2.5 billion per month. However, in June, the earnings fell before $695 million. Probably, This was one of the reasons for the abbreviations.

Recall, that earlier Opensea announced the leak of email addresses of its users and warned about the possibility of phishing. The company said, that access to the data received access to the Customer.io service.