According to NFTgators, e-commerce giant eBay recently announced layoffs in its Web3 division, which had previously acquired the NFT marketplace KnownOrigin and the trading card marketplace TCGplayer a few years ago. The number of affected personnel is reported to be as high as 30%.
eBay, the E-commerce Giant, to Slash 30% of Workforce in Web3 and NFT Divisions, Employees Criticize Lack of Leadership Skills in Management