Polygon Labs – the main development team behind the Ethereum scaling network Polygon (MATIC) – has laid off 19% of its workforce in an attempt to create a more “efficient surgical team.” The firm’s website calls Polygon the “value layer of the internet,” whose goal is enabling equitable access to value exchange across the world using blockchain scaling tech like zero-knowledge proofs. Reaching that goal, Borion said, will require “extreme focus, diligence, efficiency and agility.” Polygon’s story is a familiar one within crypto, with numerous industry leaders announcing layoffs over the past two years since the crypto market peaked in 2021.
Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!
Android: https://links.hashd.co/android
Comments