Polygon Labs cuts staff, nears Coinme acquisition to focus on payments
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🚨 Polygon Labs lays off staff while nearing its Coinme payments acquisition.
💼 The restructuring aims for profitability by 2027 and a pivot to blockchain payments.
🚀 The new vision seeks to simplify crypto payments with the Open Money Stack in $MATIC.
📆 Previous layoffs included 20% in 2023 and 19% of employees in 2024.
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