David

Read

Arcade

E-commerce giant eBay is said to have cut 30% of staff at NFT marketplace KnownOrigin. 
As the <a href="https://crypto.news/tag/nft/" target="_blank" rel="noreferrer noopener">NFT</a> frenzy has cooled off, those who jumped on the bandwagon are now dealing with the consequences. <a href="https://crypto.news/tag/ebay/" target="_blank" rel="noreferrer noopener">Ebay</a> has reportedly fired staff at KnownOrigin, an NFT marketplace it acquired in 2022, NFTGators <a href="https://www.nftgators.com/is-ebay-shutting-down-nfts" target="_blank" rel="noreferrer noopener">has learned</a>, citing people close to the matter. 
According to the sources, eBay has fired its business and strategy officer Stefanie (Stef) Jay, who was <a href="https://www.prnewswire.com/news-releases/ebay-names-stefanie-jay-chief-business-and-strategy-officer-301285017.html" target="_blank" rel="noreferrer noopener">appointed</a> for the role in May 2021. KnownOrigin co-founder David Moore has reportedly also “been made redundant. With the latest move, eBay has halted all plans for digital art as “many within the company are unhappy, blaming the lack of leadership and strategy for the layoffs,” the source added. 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="623" height="1024" src="https://crypto.news/app/uploads/2024/02/shidflhgiudf-623x1024.jpg" alt="eBay reportedly laid off staff at NFT marketplace KnownOrigin it acquired in 2022 - 29" class="wp-image-14250428">
 <figcaption class="wp-element-caption">
 Internal communications at KnownOrigin | Source: NFTGators
 </figcaption>
</figure> 
 You might also like: <a href="https://crypto.news/autoglyphs-set-acquired-for-14-6m-in-largest-nft-sale-since-2022/"> Autoglyphs set acquired for $14.6m in largest NFT sale since 2022 </a> 
In what seems to be an internal communication that was disclosed in the report, Moore expressed that witnessing the extent of layoffs within the team “was brutal.” As of press time, eBay made no public announcements on the matter. 
The e-commerce giant <a href="https://crypto.news/funding-rounds-with-falconx-and-outland-shopping-giants-ebay-and-shopify-make-crypto-nft-moves/" target="_blank" rel="noreferrer noopener">acquired</a> KnownOrigin in July 2022 for an undisclosed price. At the time, eBay said the acquisition was an “important step” in its “tech-led reimagination.” A few months after buying KnownOrigin, eBay <a href="https://www.prnewswire.com/news-releases/ebay-acquires-tcgplayer-301663370.html" target="_blank" rel="noreferrer noopener">acquired</a> another marketplace for collectible card game enthusiasts called TCGplayer for nearly $300 million. 
 Read more: <a href="https://crypto.news/pantera-capital-backed-nft-lending-startup-arcade-to-airdrop-3m-arcd-tokens/"> Pantera Capital-backed NFT lending startup Arcade to airdrop 3m ARCD tokens </a>

eBay reportedly laid off staff at NFT marketplace KnownOrigin it acquired in 2022

crypto.news

Các bài viết khác được xuất bản trên 20 thg 2, 2024

Bankrupt Hong Kong Crypto Exchange Maneuvers Funds Suspected to Bypass AML Measures

Does Worldcoin (WLD) Have Competition With This New Palm-Recognition Project?

Solana’s Rise in the Crypto Market

How Cardano’s Midnight Could Safeguard Users from Romance Bot Risks

Bitcoin holdings on Coinbase drop to 9-year low amid $1B withdrawal

Japan’s Jasmycoin Price Soars Amid Whale Movements: Can JASMY Hit New ATH? Pay Attention To This ...

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!