It was posted organically on Ned's page; it wasn't an automatic ad.
You're right. Good eye!
Seeing the steady decline of the crypto market, it's strange to say "growing fast" when a 25% downturn in the market results in laying off 70%+ of your team.
The current lay off was probably done in preparation of an maybe even deeper drop. Making the team as lean as possible. But I'm not sure about that of course.