〽️ MATTER LABS CEO: 16% STAFF CUTS DUE TO SHIFTING MARKET NEEDS

Matter Labs CEO just announced a major restructuring, with 16% of the team laid off. 

The move comes as the company realigns with changing market demands and an evolving role in the ZKsync ecosystem.

Impacted employees are getting solid exit packages, including 3 months’ salary and career support. 

CEO Alex has taken full responsibility for the decision, expressing regret but optimism about Matter Labs’ future as demand for their tech grows.

🌐Source: Matter Labs CEO