Dapper Labs Implements Third Round of Layoffs amid NFT Market Downturn

Dapper Labs, a technology powerhouse known for its nonfungible token (NFT) creations, has recently undergone its third round of layoffs in just nine months, signaling the challenges faced by the NFT market. In a recent announcement, CEO Roham Gharegozlou confirmed that 51 employees, including both full-time staff and C1 contractors, bid farewell to the company.