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Ethereum World News 2023-02-21 14:05:35

Polygon (Matic) Reduces Headcount By 20% As Consolidation Ramps Up

Summary: Ethereum scaling entity Polygon Labs reduced its workforce by 20% or almost 100 jobs, the protocol shared via an announcement on Tuesday. Polygon said the job cut was part of a business consolidation process from earlier in 2023. The scaling platform is the latest crypto entity to lay off part of its workforce following a turbulent year for digital assets last year. Ethereum scaling protocol Polygon reduced its workforce by 20% or almost 100 jobs, the platform shared via

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