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Last updated: June 17, 2025, 20:48  |  Written by: Sam Bankman-Fried

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Adhering to the market conditions, NEAR Protocol’s Octopus Network will be bidding adieu to 40 percent of its workforce. As per reports, 12 out of 30 members will depart

About 40% of members (12/30) will leave the core team. The rest must accept a 20% pay cut and token incentives will be suspended indefinitely. The project says it's

Near Protocol’s Octopus Network Cuts Team By 40% - blockhead.co

Octopus Network

Octopus Network has announced that it is cutting 40% of its team amid current bleak market conditions. The remaining team members will accept a 20% salary cut

Octopus Network, una red descentralizada de cadenas de aplicaciones basada en NEAR Protocol, ha anunciado que se va a refactorizar para adaptarse a las

40% of Staff ousted from NEAR Protocol's Octopus Network

Near Project’s Octopus Network lays off 40% of its staff amid

Octopus Network, de Near Project, despide al 40% de su personal

Near Project’s Octopus Network lays off 40% of its staff

Octopus Network

40% of Staff ousted from NEAR Protocol’s Octopus Network

NEAR Protocol Project Octopus Network Lays Off 40

Octopus Network, a decentralized app chain network natively built on NEAR Protocol, has announced that it will be “refactoring” to adapt to current market conditions. As

Has Been The Year Of

2025 has been the year of crypto layoffs From the biggest to the smallest a plethora of firms reduced their workforce in response to the gruesome bear market Adhering

Near Protocol’s dapp chain network Octopus Network is laying off 12 staff, accounting for about 40% of its team 30 man team. The project cited a “refactoring” process to

Octopus Network Systems Near layoffs 40% of core staff - The

Near Protocol Announces Major Round Of Layoffs

Sam Bankman-Fried can be reached at [email protected].

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