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Polygon Labs announces second round of layoffs in 2026 as firm looks to finalize Coinme acquisition

Covered by 4 sources · 4 articles

4 outlets - including Cryptopolitan, Crypto-economy and Defi-planet and 1 more - are covering this story. Polygon Labs has cut jobs as it moves to complete its acquisition of crypto payments firm Coinme, its CEO, Marc Boiron, stated on X on Thursday, July 16. Boiron wrote that the company is “in the final stages of completing the Coinme acquisi…

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Polygon Labs announces layoffs as Coinme acquisition enters final stages
Cryptopolitan News Jul 16, 19:40 UTC

Polygon Labs announces layoffs as Coinme acquisition enters final stages

Polygon Labs has cut jobs as it moves to complete its acquisition of crypto payments firm Coinme, its CEO, Marc Boiron, stated on X on Thursday, July 16. Boiron wrote that the company is “in the final stages of completing the Coinme acquisi…

Polygon Labs CEO announces layoffs during Coinme acquisition transition to payments
Crypto Economy Jul 16, 17:13 UTC

Polygon Labs CEO announces layoffs during Coinme acquisition transition to payments

TL;DR Polygon Labs announced its second round of layoffs in 2026 as it advances the acquisition of Coinme to become a payments company. Polygon CEO Marc Boiron confirmed that integrating the Coinme team will involve an internal restructurin…

Polygon CEO Explains Layoffs Ahead of Coinme Acquisition
DeFi Planet Jul 16, 15:34 UTC

Polygon CEO Explains Layoffs Ahead of Coinme Acquisition

Polygon Labs has laid off an undisclosed number of employees as it enters the final stages of acquiring crypto payments company Coinme, a move the company says is part of a bigger restructuring aimed at profitability by 2027. CEO Marc Boiro…

Polygon Labs announces second round of layoffs in 2026 as firm looks to finalize Coinme acquisition
The Block Jul 16, 13:47 UTC

Polygon Labs announces second round of layoffs in 2026 as firm looks to finalize Coinme acquisition

"Two rounds of changes in one year is a lot to ask of a team, and I understand it is hard to manage," Polygon Labs CEO Marc Boiron said.