{"id":72242,"date":"2023-01-07T17:12:55","date_gmt":"2023-01-07T15:12:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72242"},"modified":"2025-09-08T13:55:43","modified_gmt":"2025-09-08T10:55:43","slug":"nft-marketplace-superrare-trims-30-of-staff-amid-bear-market","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nft-marketplace-superrare-trims-30-of-staff-amid-bear-market\/","title":{"rendered":"NFT marketplace SuperRare trims 30% of staff amid bear market"},"content":{"rendered":"<p>The CEO of the NFT platform SuperRare, John Crain, announced a 30% cut to the workforce.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I have some tough news to share: <a href=\"https:\/\/t.co\/iLDKqgyhQa\">pic.twitter.com\/iLDKqgyhQa<\/a><\/p>\n<p>\u2014 SuperRare John \ud83d\udc8e (@SuperRareJohn) <a href=\"https:\/\/twitter.com\/SuperRareJohn\/status\/1611434253195313152?ref_src=twsrc%5Etfw\">January 6, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Crain, the company hired too many employees during the last bull market, which &#8216;proved unsustainable&#8217;, and is now unable to support a large headcount.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The team we have built over the past five years is a group of incredibly talented and passionate people who have become close friends and an integral part of the NFT revolution. We are doing everything we can to help them in their new ventures,&#8221; wrote the CEO of SuperRare.<\/p>\n<\/blockquote>\n<p>Crain called the platform development &#8216;a marathon, not a sprint&#8217; and took &#8216;full responsibility&#8217; for the decision to cut the staff. He added that every member of the SuperRare team will forever remain in the company&#8217;s history.<\/p>\n<p>Earlier in November, the Coinbase <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-cuts-more-than-60-jobs\">laid off more than 60 employees<\/a>, continuing <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-to-cut-about-18-of-its-staff\">to optimize the staff<\/a> amid a market downturn.<\/p>\n<p>In December, the Kraken trading platform <a href=\"https:\/\/forklog.com\/en\/news\/kraken-cuts-around-30-of-staff\">laid off around 30% of its staff<\/a> or about 1,100 employees, to &#8216;adapt to current market conditions&#8217;.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CEO of the NFT platform SuperRare, John Crain, announced a 30% cut to the staff.<\/p>\n","protected":false},"author":1,"featured_media":72243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213,2257],"class_list":["post-72242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft","tag-superrare"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72242","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=72242"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72242\/revisions"}],"predecessor-version":[{"id":72244,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72242\/revisions\/72244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/72243"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=72242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=72242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=72242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}