Fuel Labs will lay off 30% to address market conditions
According to Foresight News, Nick Sway, CEO of Fuel Network, stated in an article that due to current market conditions, Fuel Labs has made a difficult but necessary decision to reduce its workforce by approximately 30%. This is a strategic step to focus attention, streamline execution, and maintain our roadmap. For those affected employees, it is committed to supporting a smooth transition: providing additional compensation beyond the scope of the contract agreement, providing a contact list for those who choose to join recruitment support, and multiple recruitment companies ready to provide assistance at any time