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Messari Lays Off 15% of Employees to Cut Costs

Messari Lays Off 15% of Employees to Cut Costs

HappyCoinNewsHappyCoinNews2025/01/11 20:55
By:HappyCoinNews

The company known for its crypto data aggregator site has laid off about 15% of its staff, Messari CEO Eric Turner said.

This week, we made some changes to the company's organizational structure to optimize the business and double the growth rate we are seeing in our core product lines," he said.

Despite the fact that we are talking about cutting 15% of the company's full-time employees, it is known that at the beginning of 2025, Messari also did not renew contracts with a number of contractors.

This is the first major layoff this year for the crypto industry. Last year was marked by several waves of layoffs that affected employees of major crypto companies: the exchange Creak , game developer Sky Mavis, stablecoin issuer Paxos, Messari competitor CoinDesk.

Founded in 2018, Messari is considered one of the most popular blockchain analytics companies. It publishes reports on the sector, provides digital asset price data, and hosts the annual Mainnet conference in New York.

Founder Ryan Selkis led Messari until last year, but was forced to step down after several controversial incidents, including Selkis, who was drunk and said he hoped Donald Trump's opponents "burn in hell" after the first failed assassination attempt on the president-elect.

EN @happycoinnews
EN @happycoinnews_en
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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