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Yuga Labs, the team behind the Bored Ape Yacht Club (BAYC) NFT collection, has initiated a company restructuring to prioritize its core crypto business, which includes the Otherside metaverse project, said Greg Solano, the companys co-founder, in a recent post on X.
gm, really tough day today. I am hellbent on transforming yuga and getting us back to our roots, and that means making hard decisions. by far the hardest is saying goodbye to some talented team members. here was my message to the team this morning. pic.twitter.com/gBkoNf2iK3
Garga.eth (Greg Solano) (@CryptoGarga) April 26, 2024
As part of the restructuring process, Yuga Labs has cut down its workforce, though the company hasnt…
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