Cryptocurrency
"Australian crypto platform Immutable sacks 6% of staff despite plans to 'hire aggressively'"
Primary Source ↗Blockchain(s)
Ethereum
Incident Details
The Australian crypto company Immutable fired 17% of staff from its gaming division. Immutable has said this amounted to 18 workers, though the Games Workers Australia union disputed the number and said that 30 roles were cut. The fired employees all worked on the Gods Unchained blockchain-based trading card game, and were given 24–48 hours notice of their firing.The fired employees quickly began preparing a legal fight against immutable, questioning whether their firing was legitimate when many of the people who were sacked were about to reach the vesting date for more than $1 million in stock options.
Technical Details
- Vendor / Product
- Immutable layoffs
Timeline
- 2022-07-25 Breach occurred
- 2022-07-25 Publicly disclosed