YUGA LABS CEO Greg Solano stated in an internal staff email that the company has encountered a bottleneck in its development, and therefore, the announcement of layoffs is aimed at seeking change and returning to its roots. Solano emphasized that the company needs a smaller but more efficient team to address the current challenging situation.

<div>
<p>According to Dlnews, Greg Solano, CEO of Yuga Labs, sent an internal email to employees, stating that the company's development has encountered bottlenecks. The previous announcement of layoffs was made in order to seek changes and return to the original intention. Greg Solano said that Yuga Labs needs a team that does less but does an excellent job, but is currently in a difficult situation.</p>
</div>

YUGA LABS CEO Announces Layoffs to Address Company Development Bottlenecks