Yuga Labs CEO Greg Solano dismissed several employees on Friday; steadily declining since 2022.
Yuga Labs, a media company and creator of the Metaverse game announced employee layoffs on Friday. The same was communicated with the employees via email. According to Greg Solano, the CEO of Yuga Labs, the company initiated its work on the restructuring.
Yuga Labs Constructing New Team
On April 26, the head of Yuga Labs, Greg Solano, announced the termination of an undisclosed number of staff members. He communicated to his team that the organization had shifted from its original path and was loaded with overly complex internal procedures.
The exact figure of the workforce reduction isn’t shared yet, following a previous reorganization in October that left the company with over 120 employees. The CEO told the news through an email sent to employees that morning and subsequently posted a portion of this email on a social media platform, X.
In his tweet, he expressed his commit
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