According to reports, Polygon has carried out a large-scale internal layoff, with industry insiders stating that approximately 30% of employees were dismissed this week. The company has not publicly announced the layoffs, but posts from affected employees and insiders within the ecosystem on social media have confirmed the sudden departure of staff. Previously, Polygon acquired companies such as Coinme and Sequence and underwent a strategic transformation, shifting from pure scaling and DeFi to a payments-first model. This restructuring aligns with its Open Money Stack development plan, despite the network's POL token price rising and recent upgrades increasing throughput. Polygon Labs has not commented on this matter.