🚀 Sky Mavis, the web3 gaming powerhouse behind Axie Infinity, recently laid off 21% of its workforce. Co-founder and CEO Trung Nguyen clarified on X that this decision wasn't about financial woes but a strategic pivot for future growth. The company aims to sharpen its focus on core products like Ronin Wallet and Axie Infinity.

🔍 Despite crypto giants like Bitcoin reaching new highs, layoffs are sweeping the industry. Kraken, DYDX, and Consensys are among those trimming their teams. What's your take on these strategic shifts? Share your thoughts in the comments!