Nov 3, 2023 at 8:00 p.m.
[
](NFT Marketplace OpenSea Cuts Staff)
The NFT platform, used to trade Bored Apes and Pudgy Penguins, laid off 50% of its employees as digital art collectibles’ floor prices continue to fall
Such action is always expected when a company sales is dropping
Drop in revenue probably
Market conditions hitting them hard
market sure, plus nft’s have been rather low since the peak
Yeah probably
Very hard,market hits harder as market conditions worsens
Yeah but they will definitely come back