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Polygon Labs: Layoffs
Polygon Labs announced second layoff round in 2026 as part of strategic transformation from blockchain foundation to blockchain-enabled payments company targeting 2027 profitability. Fourth major workforce reduction in three years (~100 cuts in 2023, ~60 in 2024, ~60 in January 2026, plus new July 2026 round).
Source: BeInCrypto
The leadership read
Workforce moves like this mark the contracting side of the sector hiring conditions.
Market context: The wider read — a Talent Market Index of 107.2 (Hot), down 1.8 month-on-month — shows Americas signal flow rising (+10.6pts).
Polygon Labs: 1 signal in the last 90 days.
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