NFT startup SuperRare has started to take drastic measures in order stay in business in the face of an extended crypto winter, giving the pink slip to some members of its workforce.
According to the contents of a screenshot that was shared on Twitter recently, Chief Executive Officer John Crain said he is now taking full ownership of the non-fungible token marketplace and one of his first courses of actions is to “rightsize” the company team.
In doing so, SuperRare will have to bid farewell to 30% of its employees although Crain was quick to clarify that the decision was simply a corrective measure for their over-hiring that is now starting to negatively affect its day-to-day operations.
