3 sourcesTracking since 16 Jul, 13:47
Polygon Labs announces second round of layoffs in 2026 as firm looks to finalize Coinme acquisition
Chronological coverage
First seen16 Jul, 13:47Polygon Labs announces second round of layoffs in 2026 as firm looks to finalize Coinme acquisition
"Two rounds of changes in one year is a lot to ask of a team, and I understand it is hard to manage," Polygon Labs CEO Marc Boiron said.
The Block•Daniel Kuhn
Follow-up16 Jul, 21:09Polygon Labs announces second round of 2026 layoffs as it targets profitability in 2027
Polygon Labs CEO Marc Boiron announced the second round of layoffs for 2026, as the firm moved to finalize the Coinme acquisition.
AMBCrypto•Akashnath S
Latest16 Jul, 22:05Polygon CEO announces job cuts amid Coinme acquisition
The round of layoffs was part of Polygon transitioning operations to payments following a $250 million deal to acquire Coinme and Sequence in January.
Cointelegraph•Cointelegraph by Turner Wright