Token

<ul class="news-points"> 
 <li><strong>OpenSea reduces workforce to shift focus to foster innovative OpenSea 2.0.</strong></li> 
 <li><strong>About 50% of the marketplace’s employees will be eliminated as part of the initiative.</strong></li> 
 <li><strong>The affected staff will be provided four-month severance packages and six-month healthcare packages.</strong></li> 
</ul> 
<p>American Non-Fungible Token (NFT) marketplace <a href="https://coinedition.com/opensea-pro-launches-cross-chain-trading-on-polygon-ethereum/">OpenSea</a> has announced the company’s decision to reduce its workforce in an attempt to redirect its focus to foster innovative OpenSea 2.0. The company’s decision was revealed through an official X post by OpenSea co-founder and CEO Devin Finzer, who wrote about the shift to “a smaller team with a direct connection to users.”</p> 
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   <p lang="en" dir="ltr">1/9<br>OpenSea is making some big changes today to focus on the next version of our product.</p>— Devin Finzer (dfinzer.eth) (@dfinzer) <a href="https://twitter.com/dfinzer/status/1720516605933756514?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 3, 2023</a>
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<p>As part of introducing the marketplace upgrade OpenSea 2.0, intended to enhance the platform’s underlying technology, reliability, speed, quality, &amp; experience, nearly 50% of the company’s employees would be eliminated. However, the affected individuals are guaranteed four-month severance packages, an accelerated equity vesting timetable, and six months of continued healthca…</p>
<p>The post <a href="https://coinedition.com/opensea-shifts-focus-to-foster-opensea-2-0-lays-off-employees/">OpenSea Shifts Focus to Foster OpenSea 2.0, Lays Off Employees</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

OpenSea Shifts Focus to Foster OpenSea 2.0, Lays Off Employees

Coin Edition

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