Treasure layoffs — May 28, 2025

Treasure announces layoffs on May 28, 2025 amid market pressures; number of jobs cut not disclosed

Treasure, a Web3 gaming company, announced layoffs on May 28, 2025 as part of a major effort to keep the business afloat. The company did not disclose how many employees were affected or what percentage of its workforce was cut.

The layoffs were attributed to market conditions, according to the available source information. Treasure’s move was described as a last-ditch effort to stay afloat, underscoring the pressure facing the company as it adjusts to current industry conditions.

Treasure operates in Web3 gaming, a sector that combines blockchain-based assets and gaming experiences. The company’s announcement adds to a broader pattern of workforce reductions across crypto and Web3 businesses during periods of market stress.

No additional details were provided in the source about severance, restructuring plans, or whether further changes are expected. Based on the available information, Treasure has not disclosed a forward-looking timeline beyond the layoffs themselves.

Sources: Google News