<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDEvODU0OGU1NTktMjI5YS00MDUzLTgxZjAtZWM4NDQwYjNmYjdjLmpwZw==.jpg"></p><p>The firm says the cuts were necessary to consolidate the team and "focus on a narrower and higher-impact set of activities."</p>