{"id":20225,"date":"2025-01-11T10:06:29","date_gmt":"2025-01-11T08:06:29","guid":{"rendered":"https:\/\/forklog.com\/en\/messari-trims-staff-by-15\/"},"modified":"2025-01-11T10:06:29","modified_gmt":"2025-01-11T08:06:29","slug":"messari-trims-staff-by-15","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/messari-trims-staff-by-15\/","title":{"rendered":"Messari trims staff by 15%"},"content":{"rendered":"<p>Crypto research firm Messari has cut its workforce by 15% to focus on core priorities, reports <a href=\"https:\/\/www.theblock.co\/post\/334094\/messari-lays-off-roughly-15-of-staff-amid-industry-wide-cuts-ceo-turner-confirms\">The Block<\/a>.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;Earlier this week we made some changes to our organizational structure to optimize the business and materially accelerate the growth we are seeing across our core product lines,&#8221; said company head Eric Turner in a conversation with the publication.<\/cite><\/p><\/blockquote>\n<p>A person familiar with the matter said the firm also chose not to renew contracts with a number of freelancers \u2014 something often done at the start of the year.<\/p>\n<p>Founded in 2018, Messari is among the best-known research firms in the crypto industry. The company publishes analytical reports, provides price data and hosts the annual Mainnet conference in New York.<\/p>\n<p>In 2021 Messari raised $21 million, and in 2022 \u2014 $35 million at a $300 million valuation.<\/p>\n<p>Former boss Ryan Selkis had planned to hire 1,000 analysts, but in July 2024 he <a href=\"https:\/\/forklog.com\/en\/news\/ryan-selkis-steps-down-as-ceo-of-messari\">stepped down<\/a>.<\/p>\n<p>It was likely prompted by the Messari founder\u2019s statements regarding the <a href=\"https:\/\/forklog.com\/en\/news\/trump-themed-meme-tokens-surge-following-assassination-attempt\">assassination attempt on Donald Trump<\/a>. According to <a href=\"https:\/\/www.coindesk.com\/business\/2024\/07\/18\/after-civil-war-and-anti-immigrant-tweets-ryan-selkis-told-to-cool-it-by-his-crypto-startups-leadership\/\">CoinDesk<\/a>, he reacted emotionally to the incident in a series of posts and also echoed the anti-immigration policy of the U.S. presidential candidate\u2019s movement.<\/p>\n<p>Layoffs are not uncommon in the industry: in December the largest mining pool, Foundry, <a href=\"https:\/\/forklog.com\/en\/news\/foundry-mining-pool-reduces-workforce-by-27\">cut<\/a> headcount by 27% \u2014 from 274 to 200.<\/p>\n<p>Late last year, well-known players such as <a href=\"https:\/\/forklog.com\/en\/news\/kraken-reduces-workforce-by-15-amidst-leadership-changes\">Kraken<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/dydx-reduces-core-team-by-35\">dYdX<\/a> also made substantial staff reductions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto research firm Messari has cut its workforce by 15% to focus on core priorities, reports The Block.<\/p>\n","protected":false},"author":1,"featured_media":20224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1276,1468],"class_list":["post-20225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-layoffs","tag-messari"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20225"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20224"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}