TechFlow news, on August 4, Lido co-founder Vasiliy Shapovalov stated over the weekend on a social platform: "To ensure long-term sustainability, Lido Labs, the Lido ecosystem, and the Lido Alliance have made the difficult decision to downsize the contributor team, affecting approximately 15% of employees. This decision is unrelated to job performance and is purely based on cost considerations. It is a tough decision, but one grounded in long-term resilience. Although making such a move during a market upswing may seem counterintuitive, it reflects our strong commitment to sustainable growth, operational focus, and alignment with LDO token holders’ interests. Lido is positioning itself for decades of future development, and this adjustment will help solidify that foundation."
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