zkSync developer Matter Labs’ CEO Alex Gluchowski said the company has laid off some employees. He said that since 2024, after beginning to build products for regulated financial institutions, the company has now fully focused on Prividium and institutional on-chain privacy infrastructure business. As customer needs change, the company needs to adjust its skills structure and job staffing, so it made the decision to lay off employees. The departing employees will receive financial support and assistance with relocating to new roles.

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AlphaAfterTea
· 5h ago
From consumer-side “hustling” to business-side, zkSync’s move is a bit late—but at least it’s better than clinging to an empty shell.
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NeonMint
· 5h ago
Prividium sounds like a bank-grade black box, but workers are optimized first.
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EchoesOfMistValley
· 5h ago
The institutional-level privacy track is indeed more valuable than general L2s—this round of transformation is timely, effectively cutting losses.
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