
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.

Share this:
Related
More Stories
Huge Trouble’ Looming for Bitcoin and Ethereum as $10 Billion Earthquake Could Cause Price Chaos
-Bitcoin and cryptocurrencies have been left reeling by the sudden collapse of major crypto exchange FTX this month (though Elon...
Crypto needs regulation to avoid washouts like FTX, says Coinbase CEO Brian Armstrong
FTX declared bankruptcy after revelations about its business practices led to a surge of customer withdrawals, without sufficient funds to...
Slight Bitcoin Bullishness Continues Despite Market Cap Drop
The total cryptocurrency market capitalization dropped by 5% between Nov. 14 and Nov. 21, reaching a notable $795 billion. -However,...
Ethereum to fuel bullrun to $2,000 in coming weeks
- Ethereum's performance last week outperformed Bitcoin's by three times on the weekly chart. - Experts believe that Ethereum's burning...
JPMorgan’s Recent Experiment Proves Crypto is Here to Stay!
Ethereum was created in 2013, laying the foundation for cryptocurrency to take the largest step in its evolution since the...
tWhy Bitcoin and Ethereum Investors Are Losing Money
- Investors in Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are losing money at a historic pace - The news...