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Nowhere in the article does it mention NFTs being at the heart of the layoffs. The article later says, "The Ottawa-based company will cut jobs in all its divisions, though most of the layoffs will occur in recruiting, support and sales units, said Mr. Lütke".

No mention of NFTs, though wouldn't be surprised if they scale back on that. I _would_ be surprised if they drop support and development for them completely.




Some companies did work on NFTs because they believe in the space and think it's the next big thing. Some do it for marketing to say "look, we have an NFT story!" If you did it for marketing, there's no reason to advertise you spun down that initiative.




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