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MANTRA Announces Workforce Reductions Involving Multiple Departments
Summary: In a tweet, MANTRA CEO JP Mullin announced that the company will undergo a restructuring, including downsizing the team, after a challenging year. The layoffs will affect various departments such as business development, marketing, and human resources. Mullin cited a series of unfortunate and unfair events in April 2025, including sustained market downturn, intensifying competition, ...
In a tweet, MANTRA CEO JP Mullin announced that the company will undergo a restructuring, including downsizing the team, after a challenging year. The layoffs will affect various departments such as business development, marketing, and human resources. Mullin cited a series of unfortunate and unfair events in April 2025, including sustained market downturn, intensifying competition, and evolving market dynamics, making MANTRA's cost structure unsustainable. The move aims to improve capital efficiency and focus more on core business.
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