Messari Joins Wave of Crypto Layoffs, Reduces Workforce by 15%
Messari, a leading cryptocurrency research firm, has laid off approximately 15% of its full-time employees as part of a restructuring effort. CEO Eric Turner confirmed the layoffs, which also involved the non-renewal of several contractor contracts.
While Messari has not made an official public statement about the layoffs, the company’s move appears to be in line with a broader trend of workforce reductions across the cryptocurrency sector.
Reasons Behind the Layoffs
Messari’s layoffs come as part of an effort to refocus on the company’s core product lines. The firm is streamlining operations to ensure that resources are aligned with its long-term strategy. Though specifics on the exact reasons behind the layoffs have not been…