Blockchain development studio Lightcurve — a part of the Lisk open-source blockchain application platform — laid off 40% of its workforce earlier this week. Lightcurve and Lisk co-founder, Max Kordek, announced the decision earlier this week on Discord, citing a need for the project to cut costs.
The job losses represent 21 of Lightcurve’s 53 employees, and in addition, the project has canceled the contracts of three employees who were set to join.