NFT platform, SuperRare has cut down its workforce by 30% as the bear market hits the company hard
CEO John Crain cited in a message on Twitter that they will be letting go of some of their work force, citing the difficulties they are facing as a result of the bear market
He mentioned that while the company grew “in tandem” with the market during the last bull run, they are no longer able to sustain the growth.
Apparently, they over hired during this period, and they now need to cut down on work force
SuperRare is yet another crypto company to cut down its work force during this bear market
