The post OpenSea CEO Announces Layoffs and New Company Focus! appeared first on Coinpedia Fintech News
OpenSea is reshaping its business model, which includes letting go of half of its employees. Co-founder and CEO Devin Finzer wrote in a social media thread that the company aims to focus on product upgrades and become a market leader rather than a follower. The move to a smaller team with a direct connection to users is part of the firm’s plan to streamline operations and give users a better experience. The new organization will be flatter, with fewer middle managers. Affected employees will receive four months of severance, among other benefits.
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