Sky Mavis, the company behind the popular blockchain-based game Axie Infinity, has announced plans to lay off 21% of its workforce. This strategic decision was confirmed by Trung Nguyen, the co-founder and CEO of Sky Mavis.
According to Nguyen, the company intends to redirect the resources saved from these layoffs towards developing a new Axie Infinity game and exploring additional projects, indicating its focus on growth and innovation within the blockchain gaming industry.
The layoffs are part of Sky Mavis' broader strategy to optimize operations and maintain the company's competitive edge in the rapidly evolving gaming sector. The company aims to leverage its experiences and expertise to further enhance its offerings and capture a wider audience.
