Dune Restructures, Cutting Workforce by 25%

Dune restructures, cutting 25% of workforce to focus on key products.

The analytics service Dune has announced a restructuring, resulting in a 25% reduction of its workforce. The company’s head, Fredrik Haga, explained the decision as a need to focus on key products.

We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on. That unfortunately means we’ve let 25% of the team go this week. These are exceptional people I can wholeheartedly recommend — ping me if you’re…

— hagaetc (@hagaetc) May 14, 2026

According to him, the platform will focus on two areas: the integration of AI and working with institutional clients.

Dune has introduced Dune MCP, a tool for creating dashboards and configuring workflows without SQL knowledge or data infrastructure skills.

The company also plans to develop services for traditional financial organizations. Dune anticipates a mass transition of stocks, bonds, and commodities to blockchain and is investing in data quality and personalized service for large clients.

Haga emphasized that the company retains sufficient capital and continues to work on the accessibility of on-chain data, despite the layoffs. The project has previously weathered several downturns in the crypto market.

Coinbase and fintech company Block have also announced layoffs due to AI integration. The DL News magazine, founded by the DefiLlama team, will close at the end of May.

In February, OpenAI CEO Sam Altman stated that some companies use artificial intelligence as a pretext for layoffs.

In April, the Snap team announced the replacement of 1,000 employees with neural networks to save $500 million.