[Web3 Fantasy Sports Platform Sorare Announces 35% Layoffs] Web3 fantasy sports platform Sorare will lay off 35% of its workforce, with approximately 35 out of 100 employees leaving the company. Its co-founder and Chief Technology Officer Adrien Montfort will also step down from his operational role. CEO Nicolas Julia stated that this adjustment aims to accelerate profitability and streamline the company structure to shorten decision-making processes. He acknowledged that the process is 'difficult but necessary.' Sorare had previously initiated a cost-cutting plan and migrated to the Solana platform, which is expected to generate up to $10 million in revenue. Julia anticipates the company will resume growth in 2025 and achieve profitability by the end of 2026.