The current market situation is really bad, and making money has become the norm. Layoff news is almost daily; yesterday it was Eclipse, today it's The Sandbox. When the direction is wrong and the economy is poor, layoffs follow. The officials say the company is shifting towards Web3 applications and Launchpad, but the pattern is obvious: issue tokens, pump the price, cash out, lay off employees, and leave an operational account to fool the community, while the founders just walk away.
It's the same in social circles; it's either someone complaining about salary cuts or lamenting layoffs. Everyone is talking about how hard it is to make money, and hearing this too often is really depressing.
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