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MANTRA announces layoffs and restructuring to address market challenges
GateNewsBot
OM4,99%
PANews January 14 News, MANTRA co-founder John Patrick Mullin issued a statement saying that MANTRA will undergo corporate restructuring and reduce team size, involving multiple support departments such as business development, marketing, and human resources. Mullin stated that the adverse events in April 2025 and market downward pressure have made the cost structure unsustainable. The restructuring aims to focus on the core strategy in the RWA field to improve capital efficiency and maintain a leading position.
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