Crypto Winter Won’t Stop MATIC from Hiring 40% More Employees

– Polygon plans to increase its workforce by 40%, or around 200 people, Bloomberg has reported.

– The company says its looking to hire employees in different capacities, part-time and full-time included.

– Polygon’s announcement comes amid the industrys overall layoffs following the market downtrend, or what many refer to as crypto winter.

– Coinbase, one of the most established and biggest crypto exchanges, laid off 18% of its employees around 1,100 people, in July.

– Other big firms that unexpectedly laid off their employees during this market downtrend are BitPanda, ByBit, Crypto.com, Huobi, Gemini, BlockFi, and others.

– Polygon’s hiring plans seem to indicate the company and its investors have a positive outlook on its future and ability to survive the current market conditions.