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Cool Cats Terminates Staff Members Without a Given Reason

Cool Cats NFT challenge has allegedly terminated employees members with out giving any causes. A number of group members not too long ago took to Twitter to disclose that they have been “instantly” let go, with one member calling the transfer “an enormous shock”. In the meantime, there may be hypothesis that the latest growth is a “value saving measure” underneath the brand new CEO.

Let’s take a more in-depth have a look at what’s occurring with Cool Cats employees members.


Cool Cats NFT avatars in circles
Cool Cats is but to make an announcement.

What occurred with the Cool Cats employees members?

Yesterday, Kittycakes, the previous senior digital illustrator at Cool Cats, revealed that she is not employed by the challenge. 

“Sadly this choice was not my selection, and took place instantly,” she tweeted. “This information got here as an enormous shock, and I’m nonetheless attempting to course of. I’m not precisely certain why I used to be let go, however I do know different individuals have been additionally impacted.”

Equally, former Cool Cats employees, Dani was additionally terminated on the identical day. “After telling me the information (by HR) i had not entry to slack and emails 10mins after the decision. I had 0 likelihood to say bye,” they tweeted. 

Why did this occur?

As of now, there may be little data on why Cool Cats laid off a few of its employees members. Nonetheless, Kittycakes tweeted, “If I needed to guess, I might assume the corporate is being restructured underneath the brand new CEO, and price saving measures are being taken throughout departments.”

As a result of crypto winter, a number of initiatives and corporations have been pressured to make harsh selections. In July, for example, OpenSea laid off 20% of its workforce, citing the market crash and international financial uncertainty. It’s attainable that Cool Cats’ choice stems from comparable causes. Nonetheless, we are going to solely know for sure as soon as (and if) the challenge makes an official assertion. 

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