Polygon's Large-Scale Restructuring: Strategic Transformation Behind 30% Employee Departure

【ChainNews】Polygon made some noise this week. Insiders revealed that the project recently underwent a large-scale internal personnel adjustment, with about 30% of employees laid off this week. You can see many Polygon team members and ecosystem contributors posting departure updates on Twitter and Lens, giving the entire ecosystem a somewhat unsettled feeling.

The timing is quite interesting — the layoffs coincided exactly with Polygon's announcement of a strategic shift. The company decided to focus on stablecoin payments and also spent $250 million to acquire Coinme and Sequence. So this personnel change is actually part of the team integration after the acquisitions.

Kurt Patat, the communications head of Polygon Labs, later confirmed this, stating that the layoffs are part of the acquisition integration, and the company's total headcount will ultimately remain relatively stable. In other words, they are adjusting the organizational structure to adapt to the new development direction.