The Sandbox Slashes 50% of Workforce in Major Restructure as Animoca Brands Takes Control
The Sandbox just axed half its team—Animoca's consolidation play signals brutal metaverse realities.
Restructuring Reality Check
No corporate fluff here—when Animoca Brands tightens its grip, heads roll. The Sandbox's 50% staff reduction isn't a 'strategic pivot'—it's survival mode. They're cutting deep to streamline operations, focusing resources on core development while the broader crypto market watches with raised eyebrows.
Metaverse Math
Half the team gone means double the pressure on remaining talent. Animoca's takeover suggests confidence in the underlying tech—but even bullish backers demand efficiency. The move reeks of typical crypto theater: grand visions meet spreadsheet realities. Because nothing says 'decentralized future' like corporate downsizing.