The analytics service Dune has announced a restructuring that involves laying off 25% of its staff. CEO Fredrik Haga explained that this decision is necessary to concentrate on key products.
We’re restructuring Dune to sharpen our focus around the core data products thousands of customers across the crypto industry rely on. That unfortunately means we’ve let 25% of the team go this week. These are exceptional people I can wholeheartedly recommend — ping me if you’re…
— hagaetc (@hagaetc) May 14, 2026
According to him, the platform will focus on two areas: implementing AI and working with institutional clients.
Dune has introduced Dune MCP, a tool for creating dashboards and customizing workflows without requiring SQL knowledge or data infrastructure skills.
The company also plans to develop services for traditional financial organizations. Dune anticipates a significant shift of stocks, bonds, and commodities to blockchain and is investing in data quality and personalized service for large clients.
Haga emphasized that the company maintains sufficient capital and continues to work on the accessibility of on-chain data despite the layoffs. The project has previously weathered several downturns in the crypto market.
Layoffs due to AI implementation have also been announced by the cryptocurrency exchange Coinbase and the fintech company Block. The DL News magazine, founded by the DefiLlama team, will close at the end of May.
Recall that in February, OpenAI CEO Sam Altman stated that some companies are using artificial intelligence as an excuse for layoffs.
In April, the Snap team announced plans to replace 1,000 employees with neural networks to save $500 million.