Polygon Shifts to Payments with Layoffs | Bitcoin and Crypto News

Polygon Labs is pivoting big — slashing jobs as it transforms from a blockchain foundation into a payments powerhouse, fueled by a $250M acquisition of Coinme and Sequence. CEO Marc Boiron confirms more departures as the company embraces this bold new direction, following previous layoffs that hit over 200 employees. The move underscores the volatile, adaptive nature of the blockchain industry — and Polygon’s gamble on payments as its next big bet. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e4163e46bde571f8