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Bored Apes Yacht Club

Bored Ape Yacht Club NFT Creator Yuga Labs Confirms Layoffs

Yuga Labs, the $4 billion startup behind the Bored Apes Yacht Club and other prominent NFT projects, announced Friday that it has restructured the company and eliminated certain roles as a result, leading to layoffs, Decrypt reported. In a team email that was also shared publicly, Yuga Labs CEO Daniel Alegre wrote that he believed the startup had taken on