Roham Gharegozlou announces staff layoff at Dapper Labs
Dapper Labs CEO, Roham Gharegozlou, has announced the departure of 51 colleagues in a recent layoff round. In a tweet, Gharegozlou expressed his dedication to the company’s core communities and commitment to building great products. He also offered to help as a reference for those leaving and encouraged their entrepreneurial pursuits.
Key points:
– 51 employees and contractors have been let go from Dapper Labs.
– Gharegozlou expressed his dedication to the company’s core communities.
– He offered to serve as a reference for departing team members.
– Dapper Labs announced an upcoming meeting to review priorities.
– The layoff was deemed necessary for the long-term success of the company.
Gharegozlou emphasized that Dapper Labs and its blockchain platform, Flow, are well-financed for their mission and have separate funding for short-term operations. This ensures that there is no need to sell tokens in the near future.
In a public letter last November, Dapper Labs had also downsized its workforce for similar reasons. This trend has affected many crypto-focused companies during periods of crypto winters.
Hot Take
Layoffs are never easy, especially for those directly affected. However, Dapper Labs CEO, Roham Gharegozlou, expressed a strong commitment to the company’s future and the success of its core communities. By encouraging entrepreneurship among departing team members and providing support, it shows a genuine interest in their personal growth. The decisive action taken by Dapper Labs aims to ensure the long-term viability of the company.