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  <p class="is-style-lead">Roham Gharegozlou, the CEO of NFT company Dapper Labs, announced 51 colleagues’ departure amid the second layoff round within a year.&nbsp;</p> 
  <p>Dapper Labs CEO announced that both full-time employees and contractors were fired. Gharegozlou emphasized that layoffs are necessary to ensure the company’s long-term success.</p> 
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     <p lang="en" dir="ltr">We said goodbye to 51 brilliant colleagues and friends today <a href="https://twitter.com/dapperlabs?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@dapperlabs</a> – this is the note I sent our team.<br><br>We remain fully dedicated to our core communities and committed to building amazing products that push the world forward together.<br><br>If you're looking to hire some of the… <a href="https://t.co/xwhjZAYLN8" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/xwhjZAYLN8</a></p>— roham (@roham) <a href="https://twitter.com/roham/status/1679301700669296640?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 13, 2023</a> 
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  <p>Gharegozlou also offered to help as a reference for future endeavors. He encouraged entrepreneurship among departing team members, expressing a genuine interest in their potential startup ventures.</p> 
  <p>Dapper Labs also announced the upcoming meeting where the team will review their priorities. </p> 
  <p> You might also like: <a href="https://crypto.news/genesis-says-30-of-employees-will-go-in-new-lay-offs/" rel="noopener noreferrer nofollow"> Genesis says 30% of employees will go in new lay-offs </a> </p> 
  <p>The project’s CEO emphasized that Dapper Labs and Flow, its <a href="https://crypto.news/a-z-guide-on-how-the-blockchain-can-revolutionize-the-fashion-industry/" rel="noopener noreferrer nofollow">blockchain</a> platform, are well-capitalized to pursue their mission. Additionally, Flow is funded separately. Gharegozlou insists there is no need to sell tokens for short-term operations.</p> 
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   <div class="wp-block-embed__wrapper"> <iframe title="Lay off the layoffs: When do investors demand growth?" width="1020" height="574" src="https://www.youtube.com/embed/qIHtCtM5gGQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
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  <p>Last November, Dapper Labs also <a href="https://crypto.news/dapper-labs-lays-off-employees-as-nft-and-crypto-market-tumble/" data-type="URL" data-id="https://crypto.news/dapper-labs-lays-off-employees-as-nft-and-crypto-market-tumble/" rel="noopener noreferrer nofollow">laid off</a> staff. discreetly downsizing its workforce. In a public letter, the company attributed the reduction to the company’s health. This issue has affected many crypto-focused companies during periods of <a href="https://crypto.news/learn/no-stupid-questions-whats-a-crypto-token-anyway/" rel="noopener noreferrer nofollow">crypto</a> winters.</p> 
  <p> Read more: <a href="https://crypto.news/dapper-labs-lays-off-employees-as-nft-and-crypto-market-tumble/" rel="noopener noreferrer nofollow"> Dapper Labs Lays-off Employees as NFT and Crypto Market Tumble </a> </p>
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Dapper Labs lays off staff in second round since 2022

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