Polygon lays off 20%

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

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.

Meesho to layoff 15% workforce today.

tl;dr

1. Across the year, more than 149,000 employees in tech were laid off from January through November 2024 alone, with August 2024 seeing the highest single-month total exceeding 26,000 job cuts.
2. Major global tech giants (...