“Lost” Yuga Labs is restructuring again, with layoffs and a new leader

THE Creator of THE Bored Monkey Yacht club has has been in trouble with A changing walk And always plans has to focus on It is Other side metaverse project.

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Yuga Laboratories CEO Greg Solano had A "difficult day," he informed business employees In A message that he SO sharing with THE world on x. A few of those employees had A even worse day After A all hands meeting Or layoffs were announcement. Yuga lost It is path, Solano explained.

In her message has THE staff, Solano said he had has been assess THE business In THE two month Since he took on as CEO, And her conclusion was disturbing:

"THE creativity first spirit that drove This business Since creation has has been get scrambled by labyrinthine business process. We work hard And We care but either way END up with groups And committees. We plan more that We ship. »

"Creator royalty fee were prosperous And do OUR entire ecosystem....