September 20, 2024

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Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift

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Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy ShiftMatter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive a comprehensive exit package, including salary continuation, healthcare, career support, and […]