TechFlow news — Polygon Labs announced that earlier this year it consolidated several business units under Polygon Labs. As part of this process, the team has been reduced by 20%, affecting multiple teams and approximately 100 positions. Severance packages for impacted employees will include three months of pay.
Ryan Wyatt, founder of Polygon Labs, stated that the company's financial position remains healthy, with treasury holdings exceeding $250 million and 1.9 billion MATIC tokens.Original link





