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November 25, 2024

Sky Mavis Restructures Workforce Reducing Employee Count by 21%

Sky Mavis, the developer behind Axie Infinity, is undergoing a major restructuring effort. The company has downsized its workforce by 21%, letting go of approximately 50 employees. This decision aims to streamline operations and position the company for future growth amid evolving market conditions. Sky Mavis is focused on sustaining its innovations and improving its competitive edge in the gaming industry. The company has expressed its commitment to adapt and thrive in a changing landscape following recent market challenges. Stakeholders are paying close attention to how this restructuring will impact future projects and developments for Axie Infinity.

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