Polygon Labs has announced a new round of layoffs as it finalizes its acquisition of Coinme. This move is part of a strategic shift to transform the company into a blockchain-enabled payments firm. The acquisition of Coinme and Sequence is central to the development of the Polygon Open Money Stack. These workforce reductions follow previous cuts made earlier in the year. The company aims to achieve profitability in 2027 through these strategic changes.
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https://www.theblock.co/post/408625/polygon-labs-second-round-of-layoffs-2026-finalize-coinme-acquisition