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 […]
Tether Plans to Double Workforce to 200 by Mid-2025
Tether aims to double its workforce to 200 by mid-2025, focusing on expanding its compliance team, according to CEO Paolo Ardoino. Tether, the world’s largest stablecoin issuer, is reportedly intending to double the size of its workforce by mid-2025, with a particular emphasis on its compliance team. Tether Holdings Ltd., the issuer of the USDT […]