Focused on smart contract security audits, CertiK optimized its workforce “in response to market dynamics.” Writes about this CoinDesk.
“Our primary goal is to realign the team structure to better align with our long-term strategic aspirations. CertiK remains committed to its mission and is confident that these changes will be important steps towards achieving its goals,” explained co-founder and CEO Ronghui Gu.
The layoffs affected “less than 15%” of the workforce, he said.
The auditor joined a wave of massive layoffs in the industry. In October, security company Chainalysis announced it was laying off 150 employees.
That same month, Yuga Labs, the studio behind the Bored Ape Yacht Club NFT collection, announced a staff restructuring.
Robinhood, Dapper Labs, Polygon, Magic Eden, Bittrex, Luno, also joined the list. Blockchain.comHuobi, Bybit, STEPN, TrueLayer, Chia Network, Protocol Labs and others.
Let’s remember that in April 2022, CertiK raised $88 million at a valuation of $2 billion, and later another $60 million.
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2023-10-13 16:54:23
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