Solana NFT protocol maker Metaplex announced a company-wide round of layoffs on Thursday, as the fallout from the collapse of crypto exchange FTX last week spreads across the Web3 ecosystem. The company’s co-founder and CEO Stephen Hess announced in a tweet that an unspecified number of Metaplex employees were pink-slipped on Friday due to worsening market conditions for crypto in general, and for Solana in particular. “While our treasury was not directly impacted by the FTX collapse and our fundamentals remain strong, the indirect impact on the market is significant and necessitates a more conservative approach moving forward,” Hess wrote.
