Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.
Sky Mavis, the developer behind Web3 game Axie Infinity and the Ronin blockchain, announced it is laying off 21% of its workforce as part of a strategic realignment.
Sky Mavis co-founder and CEO Trung Nguyen announced the layoffs in an X post, describing the decision as a “shift in priorities” rather than a reflection of employee performance or the company’s financial stability.
“It is a shift in priorities aimed at aligning our resources with our long-term vision,” Nguyen wrote. He added that affected employees would receive severance packages and support in finding new opportunities.
