MANTRA announces layoffs and operational streamlining to address market challenges

DeepFlowTech · 2026-01-14T11:21:05+00:00

MANTRA co-founder JP Mullin announces company restructuring, reducing team size to cope with market downturn and increased competition. The plan is to streamline operations by 2026, focusing resources on core businesses, with measures such as cutting expenses and optimizing processes already implemented.

DeepFlowTech

2026-01-14 11:21:05

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Deep Tide TechFlow News, January 14 — MANTRA co-founder JP Mullin announced a company restructuring, including a reduction in team size. This restructuring primarily affects support roles such as business development, marketing, and human resources.

JP Mullin stated that from 2024 to the first quarter of 2025, MANTRA has made significant investments in real-time asset tokenization, blockchain, and ecosystem development, establishing itself as a leading first-layer network for real-time assets. However, adverse events in April 2025, ongoing market downturns, increased competition, and changing market dynamics have made its cost structure misaligned with recent realities.

To improve capital efficiency, MANTRA plans to adopt a leaner operational model in 2026, focusing resources and concentrating on core business execution. The company has already taken measures such as cutting unnecessary expenses and optimizing processes, but further adjustments through layoffs are necessary to align operations with future development paths.

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