Is the recession reaching the metaverse? For many talented individuals at Linden Lab, that would be a certainty. Today Linden Lab announced that it is “reorganizing”, which results in thirty percent of Lindens losing their jobs.
In human terms, this means somewhere around a hundred bright and talented people suddenly unemployed in a time when finding work is almost impossible. And I’m certain there are former (remote) co-workers and friends among those to be shown the door today. I sincerely hope that they land on their feet — and somewhere more stable, if possible. They have my best wishes.
What does this “restructuring” actually indicate for LL? CEO Mark Kingdon says, “It will also enable us to invest in bringing 3D to the web and will strengthen our profitability.” Certainly, they don’t have so many paycheques, so yes… I can see that it’s about profitability.
In the word of the immortal Han Solo, “I’ve got a bad feeling about this.”