[a16z Lays Off 'Majority' of Portfolio Recruiting Team Employees] BlockBeats News, October 15, according to Axios citing multiple sources, venture capital firm Andreessen Horowitz has laid off the majority of its portfolio recruiting team, which consisted of 34 members. This team primarily assisted portfolio companies in recruiting talent. The company will reallocate the remaining members of the 'full-stack talent team' to specialized investment divisions such as growth investments and cryptocurrency. This move aims to enable each investment division to build its own recruiting team to meet its specific needs, rather than relying on a centralized recruiting team. [Original Link]