Back to all news
Layer2

Polygon Labs Cuts Staff Again as It Closes Coinme Deal

The Defiant·July 16, 2026·1 min read
Polygon Labs Cuts Staff Again as It Closes Coinme Deal

Polygon Labs has cut staff again in its second round of reductions in 2026, as it closes the Coinme deal. CEO Marc Boiron said the shift accompanies a transition from a blockchain foundation to a blockchain-enabled payments company. The layoffs reflect the company's strategic pivot toward payments-focused operations.

Read at The Defiant
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store