<ul><li>Yuga Labs, the maker of Bored Ape Yacht Club (BAYC) NFTs, announces firm reorganization.</li><li>The goal is to establish a smaller, more agile workforce in line with crypto-native principles.</li><li>Layoffs are part of the reorganization plan to boost operational efficiency, although the exact number of jobs impacted is not specified.</li><li>Yuga Labs aims to regain its innovative status amidst changing market conditions in the NFT industry.</li></ul>

Yuga Labs Announces Firm Reorganization Amidst NFT Market Downturn

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