Approximately 40% of the employees working on the Lisk project were laid off on December 9th. Additionally, the contracts of three employees who were yet to join were also terminated.32 staff remain in the following departments:15 Development5 Research4 Operations4 Marketing2 Design2 Business DevelopmentMax Kordek, Co-Founder of Lisk, stated the following on Lisk's Discord:Today, at Lightcurve, we laid off 21 of our employees and terminated the contracts of three employees who were yet to join. This concludes the recent wave of terminations you may have observed. We are now ready to go completely dedicated into 2020 with a solid team of 31 individuals on the Lightcurve side. Our main focus was to retain our talents in the research, platform (backend development) and developer relations departments. While shrinking the size within user interfaces (frontend development), marketing, design and operations. The reasons were to decrease our burn rate which by a large degree consisted of human resources costs, and to decrease our operational overhead in order to become more agile again. We are looking forward to the next year. Some exciting things are coming.
Submitted December 13, 2019 at 05:31AM
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