Polygon Announces Second Round of Layoffs as Part of Strategic Shift
Polygon Labs announced another round of layoffs on July 16, marking its second reduction in 2026 and the fourth such move since early 2023. The company is restructuring to integrate Coinme after a $250 million acquisition and transition into a blockchain-enabled payments business with profitability goals for 2027.
Tickers: $POL
Topics: acquisition layoffs Polygon restructuring