<p>Dapper Labs laid off almost one-quarter of its employees, Senior Vice President of Marketing Dave Feldman confirmed on <a class="c-link" tabindex="-1" href="https://twitter.com/dbfeld/status/1587951929350569985?s=20&amp;t=g-MTZRa-DOhV8Czrc0_3Xg" target="_blank" rel="noopener noreferrer" data-stringify-link="https://twitter.com/dbfeld/status/1587951929350569985?s=20&amp;t=g-MTZRa-DOhV8Czrc0_3Xg" data-sk="tooltip_parent" data-remove-tab-index="true">Twitter</a>, as the company grapples with plunging NFT trading volumes. <span class="c-message__edited_label" dir="ltr" data-sk="tooltip_parent"> </span></p> <p><span style="font-weight: 400;">Almost 22% of Dapper Labs’ staff — or, 134 out of a total workforce of 613 — was laid off as part of a larger reorganization strategy, BetaKit first reported.</span></p> <p><span style="font-weight: 400;">Feldman on Twitter called the reorganization a "difficult day."</span></p> <p><iframe frameborder="0" height="420" src="https://embed.theblockcrypto.com/data/nft-non-fungible-tokens/nft-overview/weekly-trade-volume-of-nfts/embed" title="Weekly Trade Volume of NFTs by Category" width="100%"></iframe></p> <p><span style="font-weight: 400;">As Dapper reorganizes, NFT trading volume across gaming, art, and collectible markets, in which the company holds significant financial stakes, declined since a high last May, based on data from The Block Research.</span></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>