Matter Labs Restructures, Lays Off 16% of Team
Briefly

CEO Alex Gluchowski stated, "We went through a large org planning exercise, and it became clear that the talent and roles we have today do not perfectly match our needs." This restructuring aims to align the team with the evolving technology demands of ZKsync's development environment.
In a post on X, Gluchowski emphasized that the layoffs were necessary to adapt to "the different type of technology and support" needed for developers building on the ZKsync protocol.
Read at Coindesk
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