Not sure how many people here work in the Web 3 industry but Polygon just announced they've laid of about 20% of their workforce.
That's not including all the people they've been quietly laying off since June of 2022
Well moving to dubai is expensive
tl;dr
Around 30% of the staff have been laid off. Some teams have been completely laid off. This is after the layoffs of around 15% around November/December last year.
They fired almost 50% of the workforce
Aug 2022: 20% Nov 2022: 22% Feb 2023: 7%
Leaders lie about not having anymore layoffs and they also ensure that we can’t talk about layoffs if we want the severance via NDA.
