Magic Eden is restructured and releases 22 employees

Von Krypto News Österreich

Nach einer Reihe von Entlassungen in der gesamten Kryptoindustrie im Jahr 2022 – einem Mikrokosmos der Technologiebranche insgesamt, in der es im vergangenen Jahr ebenfalls zahlreiche Entlassungen gab – ist Magic Eden das jüngste Unternehmen, das seine Mitarbeiterzahl abbaut. Umstrukturierung teilweise aufgrund der Solana-Evolution Magic Eden, ein NFT-Marktplatz, der sich bis vor kurzem auf den NFT-Markt konzentrierte und sich auf Solana konzentrierte, hat unter dem Wertverlust von SOL und dem Auftauchen alternativer Blockchains für andere Wettbewerbsprojekte gelitten. Aus diesem Grund will Magic Eden in die Cross-Chain-Integration investieren. Laut dem Schreiben des CEO, in dem die Entlassungen angekündigt wurden, wird das …
After a number of layoffs in the entire crypto industry in 2022 - a microcosm in the technology industry as a whole, in which there were also numerous layoffs last year - Magic Eden is the youngest company that has been reducing its number of employees. Restructuring partly due to the Solana Evolution Magic Eden, an NFT marketplace that concentrated on the NFT market and concentrated on Solana until recently, suffered from the loss of SOL and the appearance of alternative blockchains for other competitive projects. For this reason, Magic Eden wants to invest in cross-chain integration. According to the letter from the CEO, in which the layoffs have been announced, this will ... (Symbolbild/KNAT)

After a series of layoffs in the entire crypto industry in 2022 - a microcosm in the technology industry as a whole, in which there were also numerous layoffs last year - Magic Eden is the youngest company that is reducing its number of employees.

restructuring partly due to the Solana evolution

Magic Eden, an NFT marketplace that until recently concentrated on the NFT market and focused on Solana, suffered from the loss of SOL and the appearance of alternative blockchains for other competitive projects.

For this reason, Magic Eden wants to invest in cross-chain integration. According to the letter from the CEO, in which the layoffs have been announced, the project will also examine new tools for NFT manufacturers as well as "social experiences" and reward systems.

"Our business has grown significantly since then and the type of our challenges has developed. Our focus for 2023 includes increasing the traction across chains, the development of services for NFT developers and the research of new applications such as rewards and social experiences. When we have set these priorities for the year, we had to check exactly which structures and roles needed." - reads the explanation.

continued support for those who have been released

Despite the unfortunate circumstances, Jack LU - the CEO and co -founder of Magic Eden emphasized that the layoffs are by no means due to a lack of talent, but only to change the priorities for 2023.

🧵 Today is a sad day at Magic Eden.

As part of a company -wide restructuring, we made the difficult decision to separate ourselves from 22 teammates. Nothing about this decision reduces talent, hard work and the commitment of this incredible group of people. pic.twitter.com/2lagfk9dmv

- jack lu (@0xleoinrio) 14. February 2023

As a result, each of the employees concerned receives a severance payment to support him in finding a new job. This severance payment consists of two monthly salaries, six months of health care and an annual subscription from Headspace, a company in the healthcare industry that focuses on psychological well -being.

In addition, each of the dismissed employees may keep their laptop provided by the company and will be supported in the search for a future job, including coaching, recommendation letters and so on.

As a welcome surprise, the director of Aptos Labs expanded potential vacancies for recently dismissed Magic Eden employees.

If one of them searches for roles, aptos actively talented people in all positions.

I'm specifically looking for rock star ecosystems and NFT people.

- Austin 💚 (@Austinvirts) 14. February 2023

The timely announcement will benefit the recently released employees. Other employers in the entire NFT area, such as Origin, also responded to the news by publishing their contributions Current Job offers.