Polygon Reportedly Slashes 30% of Staff After Massive $250M Payments Bet

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Polygon reportedly laid off 30% of its staff after a $250 million bet on payments failed to pay off.

Polygon has reportedly laid off 30% of its staff, impacting approximately 60 employees, following a significant $250 million investment into its payments division that did not yield expected results. This move indicates a major restructuring within the Polygon ecosystem after a substantial bet on payment infrastructure.

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