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Crypto browser Brave quietly lays off 9% of workforce

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A spokesperson for the firm behind the browser said the layoffs were made due to a challenging economic environment. Brave Software, Inc., a company behind the Brave crypto web browser , reduced its workforce by 9% to optimize cost management amid a “challenging economic environment.” In a commentary to TechCrunch, a spokesperson for the company said the layoffs affected “several departments” without going into details. “Brave eliminated some positions as part of our cost management in this challenging economic environment. Several departments were affected, amounting to 9% of our staff.” Brave Software spokesperson As of press time, Brave made no official public announcement. You might also like: Brave (BAT) launches new privacy-protecting beta search engine Founded in 2015 by Brendan Eich and Brian Bondy, Brave is a web browser based on the Chromium engine. In order to incentivize users, the browser distributes tokens called Bas...