Axie Infinity developer Sky Mavis is laying off 21% of its workforce, and according to TechInAsia, the layoffs are expected to affect around 50 of its approximately 250 team members worldwide.
"I want to be clear: this decision has nothing to do with the company's budget or financial health," CEO and co-founder Trung Nguyen wrote in an X post on Saturday. "This is a strategic move that allows Sky Mavis to be more focused and positioned for hyper-growth in 2025 and beyond."
The layoffs reflect a "shift in focus," Nguyen wrote, listing the company's main future priorities, including expanding Ronin's network and wallet services, Mavis Marketplace, Axie Infinity and developing a new Axie Infinity game.
Axie Infinity developer Sky Mavis is laying off 21% of its workforce.
2024-11-25 06:16:43
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