Ava Labs boss Emin Gün Sirer has confirmed the firm cut 12% of its staff in a bid to better reallocate its resources to grow the Avalanche ecosystem.
Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal.Ava Labs, the team behind the Avalanche Blockchain, has confirmed it laid off 12% of its employees in a recent wave of staff cuts, citing the need to reallocate its resources.the news on Nov. 7 after several former Ava Labs employees announced on X they had been laid off.
Gün Sirer acknowledged that bear markets can be tough to navigate but iterated Ava Labs is well-positioned with significant runway and resources at its disposal. This reduction in force affected 12% of Ava Labs, and allows us to reallocate resources to double down on the…In an Oct. 6 post on X, former game growth marketing team-member Zach Manafort was among those revealing he was laid off. His departure comes despite being active in the Avalanche community since 2020.has come to its end. Despite the recent layoffs, my time here has been filled with invaluable experiences and growth.
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