Web3 fantasy sports platform Sorare lays off 22 employees

ChainCatcher news, according to TechCrunch, Web3 sports company Sorare has laid off 22 employees in its New York office (about 13% of the total workforce) and plans to move certain teams to the company's headquarters in Paris to improve communication and efficiency. An additional 11 employees in the New York office have been asked to relocate to Paris.

Sorare co-founder and CEO Nicolas Julia stated that the company will fill most of the laid-off positions in Paris and plans to hire more than 20 positions in the next six months.