Polygon Labs, a leading tech company, has announced a significant reduction in its workforce, cutting 19% of its employees. The move comes as part of the company’s plan to enhance performance and streamline operations. Though a difficult decision, it aims to ensure long-term sustainability and growth in an increasingly competitive market.
Global blockchain technology platform OKX is making a major expansion into the Indian market. The company is looking to leverage the country’s digital capabilities by hiring local employees to explore new opportunities in Web3.