Web3 fantasy sports platform Sorare announced plans to lay off 35% of its workforce, affecting approximately 35 of its 100 employees. The decision, confirmed in an internal announcement, comes as co-founder and CTO Adrien Montfort steps down from his operational role. CEO Nicolas Julia stated the layoffs aim to "accelerate the path to profitability" by simplifying the company's structure and expediting decision-making processes. Sorare has been implementing a major austerity program and recently migrated to the Solana platform, a move expected to generate up to $10 million in revenue. Despite the current challenges, Julia expressed confidence that Sorare will return to growth by 2025 and achieve profitability by the end of 2026.