Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Yuga Labs CEO announces layoffs, focuses on ‘returning to the original’
BLOCKCHAIN NEWS

Yuga Labs CEO announces layoffs, focuses on ‘returning to the original’

By Crypto FlexsApril 27, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Yuga Labs CEO announces layoffs, focuses on ‘returning to the original’
Share
Facebook Twitter LinkedIn Pinterest Email

Yuga Labs is undergoing restructuring and is expecting layoffs of team members.

Company co-founder and CEO Greg Solano issued a company memo announcing the restructuring. In his statement, he said today was “difficult.”

GM Today is a really difficult day. I am passionate about changing oil prices and getting us back to our roots, and that means making difficult decisions. The hardest thing so far has been saying goodbye to some talented team members. Here’s the message I sent to the team this morning: pic.twitter.com/gBkoNf2iK3

— Garga.eth(Greg Solano) 🍌(@CryptoGarga) April 26, 2024

“I’m passionate about transforming Yuga and getting us back to our roots, and that means making difficult decisions.”

Yuga Labs Co-Founder and CEO Greg Solano

In a message to the team, Solano noted that Yuga Labs has lost its way and plans to restructure to create a smaller, more flexible, cryptocurrency-focused team.

“The creative-first ethos that has guided this company since its inception has been obscured by complex corporate processes. We work hard and care, but we end up in groups and committees. We plan more than we deliver.”

Greg Solano, Co-Founder and CEO, Yuga Labs

Solano noted that some of the company’s plans have already begun to be implemented. Yuga’s CEO said Farawaygg, a web3 game development company that Yuga used to develop the Dookey Dash game and which recently acquired web3 games HV-MTL and Legends of the Mara, will allow Yuga to focus on creating 3D Otherside games. Yes.

On February 21, Solano thanked former Yuga CEO Daniel Alegre and announced that he would take the position. In the message, he added that he was “rejuvenated to lead the next chapter” in the startup’s story.

In October 2023, Yuga Labs announced that it was laying off employees from its U.S. team as part of a broader restructuring. The company decided to focus its efforts on developing Otherside, the gaming metaverse.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

DAOs are redefining corporations, but the law is not yet ready.

October 20, 2025

US government holds $36 billion in Bitcoin after largest confiscation in history

October 15, 2025

Rhuna Raises $2M Seed Round Led by Aptos Labs to Build Stablecoin Payment Infrastructure for Entertainment

October 10, 2025
Add A Comment

Comments are closed.

Recent Posts

Cryptocurrency company Xeltox has been fined C$177M by Canada’s AML regulator.

October 23, 2025

The People’s Robotics Platform Launches To Dominate $218b Industry

October 23, 2025

A Gateway To Early-Stage Crypto Projects And Trading Rewards

October 23, 2025

MEXC Q3 2025 Report Highlights Market Leadership Across New Listings, Security, And Ecosystem Growth

October 23, 2025

Fed Joins Payments Revolution, Brings Cryptocurrency to the Periphery

October 23, 2025

ETF Land Rush: Solana’s filing speed outpaces XRP and matches BTC.

October 23, 2025

XRP And BlackchainMining Are Giving Away A Massive $77.77 Million Bonus!

October 22, 2025

Phemex Upgrades Rewards Hub With $15,000 Package And Mystery Box System

October 22, 2025

Alps Blockchain Announces Corporate Rebranding To Alps

October 22, 2025

Why Most Crypto Cities Fail: The Surprising Reason Revealed

October 22, 2025

A retail rail can push $2 million a day out of the chain.

October 22, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Cryptocurrency company Xeltox has been fined C$177M by Canada’s AML regulator.

October 23, 2025

The People’s Robotics Platform Launches To Dominate $218b Industry

October 23, 2025

A Gateway To Early-Stage Crypto Projects And Trading Rewards

October 23, 2025
Most Popular

Bitcoin core vulnerability exposes risk to data carrier limits: NVD points out security issues

December 11, 2023

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards

January 22, 2024

Why you should care about the security of NFTs

June 19, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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