Polygon Labs announces second round of layoffs in 2026 as firm looks to finalize Coinme acquisition
The Block·
60-second summary
Polygon Labs is announcing its second round of layoffs in 2026, just months after the first round, as the firm looks to finalize its acquisition of Coinme. CEO Marc Boiron acknowledges the challenges, stating that two rounds of changes in one year is a lot to ask of a team, impacting team morale and retention.
"Two rounds of changes in one year is a lot to ask of a team, and I understand it is hard to manage," Polygon Labs CEO Marc Boiron said.