Polygon Labs lays off 60 employees, about 19% of its staff, CEO says

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Polygon Labs, the team focused on building the layer-2 blockchain Polygon, has laid off 60 employees, or about 19% of its staff, according to a post published Thursday by CEO Marc Boiron. The Polygon chain is one of the biggest layer-2 blockchains focused on scaling Ethereum. It has assisted over 2.44 billion transactions, deployed over […]

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Polygon Labs lays off 60 employees, about 19% of its staff, CEO says

Polygon Labs, the team focused on building the layer-2 blockchain Polygon, has laid off 60 employees, or about 19% of its staff, according to a post published Thursday by CEO Marc Boiron. The Polygon chain is one of the biggest layer-2 blockchains focused on scaling Ethereum. It has assisted over 2.44 billion transactions, deployed over […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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