#MATTERLABS News

Matter Labs Reduces Team by 16%, Citing Evolving Business Needs

cryptonews.com Matter Labs announced a reduction of its workforce by 16% as part of a restructuring effort on September 3. According to a social media post by CEO Alex Gluchowski, the…

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

news.bitcoin.com Matter 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…

ZKsync developer Matter Labs lays off 16% of its workforce

coinjournal.net Matter Labs has laid off 24 employees, over 16% of its workforce, amid market changes. The company is shifting focus from general-purpose scaling to niche applications.…

Matter Labs CEO announces company restructuring, layoffs

cointelegraph.com Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync.

ZKsync Maker Matter Labs Reveals Layoffs Amid Crowded Ethereum Scaling Market

decrypt.co Matter Labs, the company behind Ethereum scaling network ZKsync, announced on Tuesday that it laid off over 16% of its staff, in the latest contraction to shake up the…

How Fabric plans to make advanced cryptography ubiquitous

techcrunch.com Fabric Cryptography, a hardware startup by MIT and Stanford dropouts (and married couple) Michael Gao and Tina Ju, wants to make modern cryptographic techniques like…

ZKsync’s Matter Labs cuts 16% of workforce in restructuring move

cryptobriefing.com Matter Labs’ CEO Alex Gluchowski today that the firm is letting go roughly 16% of its team. The firm is behind the Ethereum layer-2 (L2) blockchain ZKsync Era. Gluchowski…

Matter Labs Lays Off Staff for the First Time Since Inception

thedefiant.io Matter Labs, the company behind Ethereum Layer 2 network ZKSync, is cutting 16% of its workforce in a bid to maintain a leaner team moving forward. “From day 1, Matter Labs…

zkSync Parent Firm Axes 16% Of Workforce, Will Other Ethereum Layer 2 Follow?

coingape.com Matter Labs, the company behind Ethereum Layer-2 protocol zkSync, has announced its plans to restructure the organization. Unfortunately, this involves a couple of staff…

Matter Labs to cut 16% of workforce

blockworks.co Matter Labs, the company behind ZKsync, will lay off 16% of its workforce, or 24 employees, in the company’s first headcount reduction since its inception six years ago.…

Matter Labs Restructures, Lays Off 16% of Team

coindesk.com Matter Labs, the main developer behind the Ethereum layer-2 protocol ZKsync, laid off 16% of its employees as part of a restructuring. The company made the move to adapt to…

Solving Fragmentation Is Next Blockchain Race as Layer 2s Multiply, ZKsync Developer Says

coindesk.com Starting with just a handful of pioneers a few years ago led by Arbitrum and Optimism, there's been a rapid multiplication of layer-2 networks atop Ethereum, designed to…

How Pudgy Penguins Became a Blue-Chip NFT Project on

bankless.com Pudgy Penguins have had one of the most incredible rises in all of NFTs, here's how it happened! Penguins are notably earthbound creatures. The Pudgy Penguin NFT collection,…