PANews reported on January 14th that MANTRA co-founder John Patrick Mullin issued a statement announcing a company restructuring and team reduction across multiple support departments, including business development, marketing, and human resources. Mullin stated that adverse events in April 2025 and downward market pressures led to an unsustainable cost structure, and the restructuring aims to focus on core strategies in the RWA (Resource-Based Asset) field to improve capital efficiency and maintain a leading position.
MANTRA announces layoffs and restructuring to address market challenges.
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