Polygon Axes 30% Workforce, Eyes Stablecoin Domination Post-Acquisitions

Jan 16, 2026 - 17:30
Polygon Axes 30% Workforce, Eyes Stablecoin Domination Post-Acquisitions
What’s behind the latest lay-off spree? Polygon Labs has carried out another round of layoffs. The company has reportedly cut around 30% of its workforce as it restructures and pivots toward stablecoin-based payments, according to multiple posts and disclosures from affected employees on the social media platform X. While Polygon Labs has not publicly disclosed...

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