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Matter Labs Restructures to Meet Changing Demands, Lays Off 16% of Team

The developer of Ethereum layer-2 protocol ZKsync said builders using the protocol now need a "different type of technology and support."

Updated Sep 3, 2024, 3:19 p.m. Published Sep 3, 2024, 2:23 p.m.
Matter Labs CEO Alex Gluchowski (Margaux Nijkerk/CoinDesk)
Matter Labs CEO Alex Gluchowski (Margaux Nijkerk/CoinDesk)