Blockchain gaming company Immutable in Australia is seeing another round of lay offs as it has terminated 11 percent of its employees. According to a report, which cited a note to staff from CEO James Ferguson, the need to extend the company’s runway and devote resources to its most pressing projects was the cause of the cuts. In addition, the company reorganized some of its divisions and outsourced the development of the more conventional aspects of its games to partners so that it can concentrate on the web3 components. Poor Financial Figures Behind the Job Cuts The job losses can be The post Blockchain Gaming Company Immutable Lays Off Another 11% of Its Staff appeared first on Cryptoknowmics-Crypto News and Media Platform .
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