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Octopus Network layoffs — December 27, 2022

Octopus Network, a crypto company based in Seychelles, announced a round of layoffs on December 27, 2022. At the time, the company was at the Series A stage. The layoff was reported by this source.

Company
Octopus Network
Employees laid off
Not disclosed
Date
December 27, 2022
Industry
Crypto
Country
Seychelles
Company stage
Series A
Total raised (pre-layoff)
$8M

Source: https://heraldsheets.com/cold-crypto-winter-forces-octopus-network-to-lay-off-40-besides-20-pay-cuts-for-retained-workforce/

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