Crypto data analytics company Dune is cutting about 25% of its workforce as part of a restructuring. Multiple outlets report that CEO and co-founder Fredrik Haga announced the layoffs, stating that the reductions take effect immediately. The company frames the move as tied to operational changes and efficiencies linked to its investment in artificial intelligence, including AI-powered tools used to support its data and analytics services.
Sources also describe the restructuring as a shift in business focus toward artificial intelligence and toward “institutional” or enterprise clients. Haga characterizes the company’s strategy as an “all-in” approach to AI, alongside growing interest from larger, more formal crypto market participants. While the reports agree on the overall scope of the layoffs and the rationale—AI emphasis and a pivot toward institutional/enterprise customers—they do not provide additional details such as the number of roles eliminated by department, severance terms, or timelines beyond indicating the cuts occur “this week.”
