Polygon Labs Trims Workforce to Support Coinme Integration

Polygon Labs Cuts Staff a Second Time in 2026 as It Races to Close Coinme Deal

Polygon Labs laid off staff on Thursday, its second round of cuts in 2026, as chief executive Marc Boiron said the company is finishing its acquisition of crypto payments firm Coinme and remaking itself into a payments business. “We are in the final stages of completing the Coinme acquisition, which will involve integrating that team into Polygon Labs, a move that will grow our organization as part of a broader merger exercise to position Polygo…

Polygon Labs trims workforce to support Coinme integration

Polygon Labs has cut another round of jobs as it completes the integration of crypto exchange Coinme, part of a restructuring that the company says is intended to support profitability by 2027. According to Polygon Labs CEO Marc Boiron, the…

Polygon Labs Nears Coinme Integration to Accelerate Blockchain Payments Strategy

Key Takeaways: Polygon is closing its Coinme deal and moving away from blockchain payment solutions. As part of the company’s profitability plan for 2027, the company declared layoffs. The shift is driven by the growth in stablecoins and enterprise usage. User Score8.7 Follow us on Google News Polygon Labs is continuing its evolution from a blockchain infrastructure provider to becoming a more comprehensive organization, having advised on the a…

REALITY CHECK | Polygon Lays Off Workforce as it Pivots to Payments Business

Polygon Labs has announced another round of layoffs as the company completes its acquisition of cryptocurrency exchange, CoinMe, with CEO, Marc Boiron, saying the restructuring is part of its transition from a blockchain foundation to a blockchain-enabled payments company.   In a post on X, Boiron said Polygon would be saying “goodbye to many” of its employees as it reshapes the organization around its new payments-focused strategy. “These chang…

Polygon Cuts 150 Jobs After Paying $250 Million for Coinme and Sequence

Polygon is laying off 150 people. The cuts come straight out of the company’s decision to absorb Coinme and Sequence,… Read the original on Polygon Cuts 150 Jobs After Paying $250 Million for Coinme and Sequence. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Polygon Labs announces second round of 2026 layoffs as it targets profitability in 2027

The commercial direction of Polygon Labs was clear- fiat rails and seamless payments, but this won't directly help the POL token prices.