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OpenSea to Cut Half of Staff as Part of OpenSea 2.0 Initiative
Summary: OpenSea Co-Founder and CEO Devin Finzer has announced that the company will lay off half of its employees as part of its OpenSea 2.0 initiative. A company spokesperson said affected employees will receive four months of severance pay and other benefits. "So today, we’re saying goodbye to a number of OpenSea teammates," Finzer said. The ...
OpenSea Co-Founder and CEO Devin Finzer has announced that the company will lay off half of its employees as part of its OpenSea 2.0 initiative. A company spokesperson said affected employees will receive four months of severance pay and other benefits.
"So today, we’re saying goodbye to a number of OpenSea teammates," Finzer said. The move is a part of OpenSea 2.0's commitment to enhancing the technology, reliability, speed, quality, and experience of its products.
Finzer explained that the decision to reshape OpenSea was prompted by user feedback indicating that the company was perceived more as a "follower" than a "leader."
"That’s not who we want to be. We want to move with speed, quality, and conviction to make more meaningful bets," Finzer said. "We’re making these changes with our community in mind. As we rebuild, we'll continue supporting our existing products, and will be iteratively testing OpenSea 2.0 in public — remaining nimble, attentive, and focused."
Author: Katie Lin
Tags: Devin Finzer,OpenSea,OpenSea 2.0
Link: OpenSea to Cut Half of Staff as Part of OpenSea 2.0 Initiative [Copy]
