Matter Labs to Cut 16% of Workforce

Matter Labs to Cut 16% of Workforce

Matter Labs, the developer of ZKsync, an Ethereum layer-2 solution, announced a major organizational reorganization and 16% layoffs. In order to better meet the changing demands of ZKsync (ZKSY) developers for support and technology, the business will be eliminating these roles. CEO Alex Gluchowski stated in a statement on X that the company’s shifting position […]