Sky Mavis lays off 21% of workforce, plans new Axie Infinity game
Mon, Nov 25, 2024 2:22 PM

Sky Mavis lays off 21% of workforce, plans new Axie Infinity game

A Flip by Avya Verma
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Sky Mavis, the developer behind Web3 game Axie Infinity and the Ronin blockchain, announced it is laying off 21% of its workforce as part of a strategic realignment. Sky Mavis co-founder and CEO Trung Nguyen announced the layoffs in an X post, describing the decision as a “shift in priorities” rather than a reflection of employee performance or the company’s financial stability.

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