DAO Payroll Firm Utopia Lays off Crypto Talent Pool Amidst Strategic Shift
Utopia plans to halt all its services by November 6th. However, the company emphasized that this action doesn’t signal its closure but rather a departure from the present product lineup and overall direction.
Last week – @utopialabs_ did a round of layoffs given our new direction.— kaito (@0xkaito) October 4, 2023
Some of these folks joined at the earliest stage, many were excellent operators, but more so, amazing humans who are down to earth, sincere, and a joy to be with.
If you’re looking to hire A+ crypto…
Utopia’s decision caught the attention of the crypto community on Twitter. @0xkaito, an affiliate with Utopia, acknowledged the invaluable contribution of the laid-off employees.
He tweeted, “Some of these folks joined at the earliest stage, many were excellent operators, but more so, amazing humans who are down to earth, sincere, and a joy to be with.” He further encouraged potential employers in the crypto space to reach out, offering to connect them with this newly available top-tier talent.
Utopia’s strategic pivot underscores the volatile and ever-evolving nature of the crypto space. Companies, especially startups, often have to reassess their direction and make tough choices to stay relevant and sustainable.
gm frens ☀️— Vicente Plata (@xnt) October 4, 2023
Was sadly laid off from @utopialabs_ along with many teammates ⛩️
If you know of teams in the 🇺🇸 or 🇨🇦 needing a remote full-stack dev (specializing in mobile & web) with 20+ years of experience, please connect! 👨💻
Prefer IC roles but can step into leadership if…
While the layoffs are unfortunate, Utopia’s decision to halt its existing services suggests it might be gearing up for a fresh, innovative approach in the crypto payroll domain. As the space continues to evolve, industry stakeholders will be keenly watching Utopia’s next steps.
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.