Ava Labs founder confirms layoffs of 12% to reallocate resources to promote the development of the company and Avalanche ecosystem

Odaily News Ava Labs founder and CEO Emin Gün Sirer posted on the Previously, Ava Labs laid off a large number of employees on Monday, and multiple affected employees confirmed the news. The layoffs have already affected the companys communications and marketing teams. Garrison Yang, vice president of growth and strategy at Ava Labs, posted on the X platform on Monday afternoon that the layoffs have affected many people in the companys marketing department. Another laid off employee wrote that the layoffs also affected many other people.