Transfer-to-earn gaming firm STEPN (GMT) on Oct. 13 denied claims of shedding workers.
A spokesperson from STEPN reached out to CryptoSlate to make clear the rumors of layoffs. The spokesperson said:
“We deny the rumor that STEPN has been shedding workers because of the bear market. These are baseless claims which might be factually inaccurate. We satisfaction ourselves in being clear with our neighborhood and we’re selecting to handle these rumors head-on to keep away from any additional hypothesis on falsehoods.”
Information on layoffs
Information about STEPN layoffs was revealed on Oct. 12 by the Twitter account Wu Blockchain, which cited neighborhood sources. The data claimed that STEPN would lay off over 100 of its workers, which included MODs and ambassadors.
STEPN admitted that it parted methods with volunteer MODs however added that this didn’t point out any downsizing. The corporate spokesperson stated:
“The fact is that STEPN has parted methods with volunteer MODs who haven’t been lively in the previous few weeks and months. Relating to our workers, STEPN is actively hiring for a number of totally different roles inside the firm.”
He additional added:
“We at STEPN are upset that we even have to handle baseless rumors, however we are going to proceed to do what we do greatest. We stay sturdy and proceed to construct, develop, and evolve regardless of the bear market. Maintain STEPN.”
Information on investments
Along with reporting an upcoming firing spree from STEPN, Wu Blockchain claimed that STEPN’s mother or father firm, Discover Satoshi Lab, would cut back investments in STEPN.
Citing the identical neighborhood sources, Wu Blockchain stated Discover Satoshi Lab would re-direct its investments on STEPN to selling itself and upcoming new initiatives, like its new NFT trade platform.
The information on the altering funding was additionally included within the CryptoSlate article STEPN replied to. The STEPN spokesperson didn’t make any feedback on whether or not this info was correct or not.
