Web3 esports platform Community Gaming announces the layoff of 17 employees

ChainCatcher news, the Web3 esports platform Community Gaming has announced the layoff of 17 employees, accounting for over 17% of the company's total workforce.

It is reported that in April 2022, during the crypto bull market, Community Gaming raised $16 million in Series A funding from companies such as SoftBank, Binance Labs, ConsenSys Mesh, Bitkraft, Polygon Labs (then Polygon Studios), and Animoca Brands. (source link)