Nansen CEO: Expansion speed was too fast, costs were too high, and 30% of employees have been laid off.

Nansen CEO: Expansion was too fast, costs too high, 30% of employees laid off.

Nansen CEO Alex Svanevik has released an official statement, stating that Nansen rapidly expanded its team during the early stages of establishment, but due to the current high business costs, a decision was made to lay off 30% of the workforce. Alex Svanevik stated that Nansen’s top priority is to establish a sustainable business.

Reference: https://twitter.com/ASvanevik/status/1663565124970610688

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