TechFlow news, according to a document obtained by The Block, Dapper Labs has decided to lay off 20% of its full-time employees. In an email to investors on Wednesday, Dapper Labs CEO Roham Gharegozlou announced a "company reorganization" and staff reductions. Gharegozlou also stated that the company is in a "strong cash position with no outstanding debt."
Dapper Labs was once hailed as one of the leading NFT companies due to the early success of NBA Top Shot, reaching a valuation of $7.6 billion. Previous reports indicated that in November 2022, Dapper Labs had already cut 20% of its workforce. Source link
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