Axie Infinity developer Sky Mavis has announced a 21% workforce reduction.

BlockBeats News, November 25th, Axie Infinity developer Sky Mavis announced a 21% workforce reduction. As its global team consists of approximately 250 people, this decision will impact around 50 employees.

Co-founder of the company, Nguyen Thanh Trung, stated that financial constraints were not the reason behind this decision, but rather it is part of a refocus on core products and long-term strategy. The affected employees will receive severance packages and job placement support. (techinasia)