MANTRA announces group layoffs amid company restructuring

MANTRA announces team cuts after tough 2025
The objective of the restructuring is to increase capital efficiency and focus on core operations.
At the time of writing, OM token was valued at around $0.076.

MANTRA, a Layer-1 blockchain focused on real-world asset (RWA) tokens, has announced restructuring plans, with significant cuts to the team.

The decision comes as MANTRA looks to turn a corner following a challenging past year, said John Patrick Mullin, Mantra CEO and founder.

He described the move as one of the most difficult decisions in the company's history, and it came as the native token OM hovered around $0.076.

The cryptocurrency has fallen from a high of $8.5 in February 2025.

MANTRA EYES 2026 is associated with key restructuring.

According to Mullin, the restructuring will primarily affect support functions such as business development, marketing, human resources and other non-core roles.

The layoff is part of a corporate restructuring that also targets broader operations, resource utilization and other activities.

“As part of MANTRA's strategic transformation by 2026, we are committed to becoming more agile, streamlining operations, focusing our resources and delivering disciplined execution,” he added.

The company cites a number of reasons for this tough decision, including the “unbelievably unfortunate and clearly unfair events” in April 2025.

At the time, OM Token experienced a sudden flash 90%+ price collapse, losing billions in market value, triggered by a combination of forced liquidations on central exchanges.

Issues of fraud have been raised in the project's low liquidity and quick sales.

“The prolonged market downturn, increased competition and volatile market dynamics have made our cost structure unsustainable given recent realities,” Mullin said.

The power of MANTRA

Despite the many hurdles and challenges, he said the team is performing well and ready to build on past successes.

In X's post, he expressed his belief that the MANTRA Chain has the potential to drive innovation and adoption in real-world asset markets.

Streamlining operations, cutting unnecessary costs and redirecting resources to core priorities enables MANTRA to deliver disciplined performance.

The goal is to be able to deliver products continuously, as the project will lose its way to profitability and sustainability.

However, the announcement generated mixed reactions, with some members of the community praising its transparency while others expressed their disapproval. Explained direct stress.

Mullin said he has no plans to release the project and that the team will share more details on streamlined priorities and operational rhythms in the coming weeks.

In the year The native token, which reached an all-time high of $9.04 in February 2025, is up $0.082 as of January 14, 2026.