[MANTRA Announces Layoffs Involving Multiple Departments] Foresight News reports that MANTRA CEO JP Mullin tweeted that MANTRA will undergo restructuring after a challenging year, including downsizing the team. The layoffs will affect multiple departments, including business development, marketing, and human resources. He stated that a series of extremely unfortunate and unfair events in April 2025, including the ongoing market downturn, increasing competition, and ever-changing market dynamics, have made MANTRA's cost structure unsustainable relative to recent realities. This move aims to improve capital efficiency and focus more on core business operations.