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Dune Cuts Workforce, Doubles Down on AI & Institutional Crypto
Description
Dune, a crypto data firm, undergoes significant restructuring, cutting 25% of its workforce. CEO Fredrik Haga emphasizes focus on core data products and AI, targeting institutional crypto interest. This move comes as layoffs surge across crypto, with over 5,000 jobs lost this year, and broader tech also feeling the impact, with 137 companies trimming nearly 109,000 positions in 2026. Dunes restructuring signals more streamlining ahead as AI reshapes the industry.
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