Crypto Browser Brave Layoffs 9% of Employees Due to Economic Difficulties

Crypto News – In order to improve cost management in a difficult economic situation, Brave Software, Inc. decreased its personnel by 9%.

Crypto Browser Brave Layoffs 9% of Employees Due to Economic Difficulties

The layoffs were made as a result of the difficult economic climate, according to a spokeswoman for the company that created the browser. Additionally, he/she for the corporation stated, without getting into specifics, that the layoffs affected various departments.

Brave eliminated some positions as part of our cost management in this challenging economic environment. Several departments were affected, amounting to 9% of our staff.

Brave Software spokesperson

About Brave

Brave is a web browser built on the Chromium engine. It was founded in 2015 by Brendan Eich and Brian Bondy. The browser rewards users by distributing tokens known as Basic Attention Tokens (BAT) for viewing advertisements. BAT has a market capitalization of about $255 million as of the time of writing and is trading at $0.1715.