Crypto data firm Dune cuts 25% of staff citing AI efficiencies
The Block
Dune is laying off 25% of its workforce to restructure and prioritize AI-driven data products.Summary
Crypto data firm Dune has announced a 25% reduction in its workforce as part of a strategic restructuring. CEO Fredrik Haga stated that the company is shifting its focus toward core data products and leveraging AI efficiencies, specifically citing the platform's new AI capabilities that simplify dashboard and workflow creation. Despite the layoffs, the company reports it remains well-capitalized following a $69.42 million Series B funding round in 2022.
(Source：The Block)