Ava Labs employees confirm layoffs, a significant number of employees affected

Ava Labs laid off a large number of employees on Monday, multiple affected employees confirmed the news. Although Ava Labs has not confirmed the scale of the layoffs, the layoffs have already affected the company's communications and marketing teams. Garrison Yang, Ava Labs' vice president of growth and strategy, wrote on Twitter on Monday afternoon that the layoffs affected many people in the company's marketing department. Another laid off employee wrote that the layoffs also affected "many other people." It’s unclear whether Monday’s layoffs affected the company’s technology team, but by all accounts the layoffs have been widespread — so much so that, even amid the current grim cryptocurrency bear market, the layoffs came as a surprise to many employees . (Decrypt)