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Mass Layoffs: Candy Digital, a Gary Vee Backed NFT Startup, Fires One-Third of Its Workforce

According to reports, Candy Digital, a sports and entertainment NFT start-up founded in 2021 and valued at $1.5 billion the same year, has laid off a major portion of its workforce.

Reports suggest that Candy Digital has cut off more than one-third of its nearly 100-person staff this year, owing to volatile crypto market circumstances and a big drop in NFT trading volumes.

(by Dhirendra Kumar)

NFT Crypto Layoffs
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