The Sandbox Embarks On Major Restructuring – 50% Workforce Cuts and Leadership Shift

The Sandbox, a prominent player in the metaverse space, has announced significant changes to its structure. The company is undergoing a major restructuring that includes a 50% reduction in its workforce and a leadership transition involving co-founders stepping down. This move signals a pivot towards streamlining operations and achieving long-term viability in the rapidly evolving world of Web3.