POPA ReconPolygon Labs Reshapes Business Following Coinme Acquisition
Polygon Labs Reshapes Business Following Coinme Acquisition Polygon Labs is laying off employees as it completes its acquisition of Coinme and transitions from operating as a blockchain foundation to a blockchain-enabled payments company, with a target of reaching profitability in 2027. The Coinme team will be integrated into Polygon Labs as part of a broader merger and restructuring effort. The company says the layoffs reflect a shift in organizational structure and talent needs, not the performance of departing employees. Polygon cites strong momentum behind the move, record stablecoin vo…
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