{"id":86672,"date":"2023-11-07T09:33:42","date_gmt":"2023-11-07T07:33:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86672"},"modified":"2025-09-13T07:04:49","modified_gmt":"2025-09-13T04:04:49","slug":"ava-labs-the-company-behind-the-avalanche-blockchain-cut-its-staff-by-12","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ava-labs-the-company-behind-the-avalanche-blockchain-cut-its-staff-by-12\/","title":{"rendered":"Ava Labs, the company behind the Avalanche blockchain, cut its staff by 12%."},"content":{"rendered":"<p>Ava Labs, the company behind the Avalanche blockchain, cut its staff by 12%.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today we parted ways with some of our Ava Labs team members. We are no longer a 12 person startup, but we strive to capture the speed and energy of a small, nimble team.<\/p>\n<p>This reduction in force affected 12% of Ava Labs, and allows us to reallocate resources to double down on the\u2026<\/p>\n<p>\u2014 Emin G\u00fcn Sirer? (@el33th4xor) <a href=\"https:\/\/twitter.com\/el33th4xor\/status\/1721684964389900415?ref_src=twsrc%5Etfw\">November 7, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The decision is intended to reallocate resources to double the growth of the ecosystem.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;This reduction affected 12% of Ava Labs. \u2026 Navigating bear markets is difficult,&#8221; said the CEO and founder Emin G\u00fcn Sirer.<\/cite><\/p><\/blockquote>\n<p>He did not specify which divisions were affected. However, Ava Labs&#8217; vice president of growth and strategy, Harrison Yang <a href=\"https:\/\/www.linkedin.com\/posts\/garrisonyang_today-was-the-last-day-at-ava-labs-for-many-activity-7127409290847354880-tm4g\/?utm_source=share&#038;utm_medium=member_desktop\">said<\/a> that marketing specialists were laid off.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;These are the people who [built] the Avalanche gaming brand from scratch to the top in less than a year. \u2026 These people helped Avalanche navigate numerous industry crises, bear markets, and an abundance of other challenges,&#8221; said the senior executive.<\/cite><\/p><\/blockquote>\n<p>By the end of May, the number of active users of the first-level blockchain <a href=\"https:\/\/u1f987.com\/en\/news\/avalanche-user-base-surpasses-one-million\">surpassed 1 million per month<\/a>.<\/p>\n<p>In June, Ava Labs <a href=\"https:\/\/u1f987.com\/en\/news\/ava-labs-launches-ai-chatbot-avagpt\">launched<\/a> an AI-powered chatbot, AvaGPT, based on OpenAI technology.<\/p>\n<p>Earlier, the hardware-wallet maker Ledger <a href=\"https:\/\/u1f987.com\/en\/news\/ledger-to-cut-12-of-its-workforce\">announced<\/a> a 12% headcount reduction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ava Labs, the company behind the Avalanche blockchain, cut its staff by 12%.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1413,1276],"class_list":["post-86672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-avalanche-avax","tag-layoffs"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=86672"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86672\/revisions"}],"predecessor-version":[{"id":86673,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86672\/revisions\/86673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=86672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=86672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=86672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}