Daniel Alegre, CEO of Yuga Labs, said in a post today that the company has completed the restructuring and the team will focus on developing Otherside while supporting the existing community. Alegre added that after the reorganization, the team has three priorities, which are to support the existing community, focus on the execution of Otherside and leverage partnerships. Earlier, Yuga Labs said on official Twitter that its team will be reorganized to better focus on core priorities, and that the restructuring will "affect a lot of colleagues", but "these changes are necessary for the growth of the organization." ” Yuga Labs' leadership team deliberated in New York and decided that the team would focus on three directions: 1. Committed to community expansion, growth, and brand interaction; 2. Fully implement the Otherside strategy, including unique initiatives such as games, entertainment experiences, and interactive social connections; 3. Internal development efforts focus on a few core things and continue to build complementary long-term partnerships. The team also said it would hold a meeting with affected employees today. The transition options proposed by the company include generous severance pay, COBRA insurance and assistance in finding new job opportunities.

Odaily Planet Daily News Yuga Labs stated on its official Twitter that its team will be reorganized to better focus on core priorities. The reorganization will "affect many colleagues", but "these changes are necessary for the development of the organization." Last week, Yuga Labs’ leadership team decided after discussions in New York that the team would focus on three directions: 1. Committed to community expansion, growth, and brand interaction; 2. Go all out to implement the Otherside strategy, including unique initiatives such as games, entertainment experiences, and interactive social connections; 3. Focus internal development efforts on a few core things and continue to build complementary, long-term partnerships. The team also said it will hold a meeting with affected employees today. The company's proposed transition package includes generous severance packages, COBRA insurance and assistance in finding new job opportunities.