Polygon Slashes 30% of Staff-and Cash-Flow Gods Laugh

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In the glass-wild glow of Polygon Labs’ offices, numbers loosen their grip. Another round of layoffs; thirty in a hundred, as if the harbor counted its boats and chose which to keep. The ledger coughs with a wry smile: a pivot toward stablecoins, because nothing steadies a ship like a ledger that purrs, “trust me,” even when the waves keep tapping the hull. 😂🧭

The exact tally stays shy as a moon on the horizon, whispered through posts on X. Yet Boiron, the captain with a public voice, speaks and the room breathes; a confirmation that cuts the night like a blade, leaving questions to float in the coffee.

Brutal, they call it-this pruning of thirty per cent, a brutal pruning under a banner of renewal. A reset, they say, away from infrastructure toward a payments-first dream, where every coin must pass a passport gate and smile for the cameras of code. 💳🤖

Let memory recall 2024: nineteen percent gone, almost sixty roles dismissed in the name of an “efficient surgical team.” The survivors received a small salve-a minimum fifteen percent salary uplift-while the winter seemed to lean closer. A year before, in 2023, roughly one-fifth of the workforce vanished into the calendar, about a hundred souls rearranged by time’s stubborn chisel.

Now the wind carries new instruments. Polygon agreed to fetch Coinme, the US-based crypto-payments firm, and Sequence, the wallet artisan, in deals tall as towers and light as gossip-more than a quarter of a billion dollars collectively. The prize, they claim, is a river of regulated stablecoin payments, with Coinme’s licenses and on- and off-ramps joining Sequence’s wallet craft and cross‑chain tools, used by banks, fintechs, and enterprises. The joke? A future where payments glide through a sky of licenses, and we all pretend it’s simple.

Layoffs, the company insists, are structural, not a verdict on the virtue of work. In a note to the world on X, Boiron says the past months have sharpened a single mission: move all money on-chain. As Coinme and Sequence fuse into the same orchestra, overlapping roles are folded into silence. Headcount, he suggests, will remain roughly the same, but the shape of the crew will bend toward a payments-first silhouette. The sting, he adds with careful gravity, is about structure, not performance. 💼💸

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2026-01-16 20:23