$POL — Zipp

Polygon Labs layoffs tied to Coinme deal, pivot to payments

49m ago

Polygon Labs layoffs tied to Coinme deal, pivot to payments

The pivot from base-layer infrastructure to payments is a survival move, not a growth one. Polygon is trading developer mindshare for a narrower bet on stablecoin rails.

WuBlockchain

Polygon Labs Cuts Staff Again in 2026 as Coinme Deal Closes

🩸BEARISH

1h ago

Polygon Labs Cuts Staff Again in 2026 as Coinme Deal Closes

The layoffs arrive as Polygon Labs pushes to finalize its Coinme acquisition and refocus the business around payments infrastructure, marking the second workforce reduction this year.