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Polygon Layoffs

Industry Crypto · Location Cayman Islands · India · Subscribe (RSS)

3
Layoff rounds
220
Employees laid off
Unknown
Funding stage
$451M
Total raised

Polygon has 3 publicly reported layoff rounds on record between February 21, 2023 and January 16, 2026. A total of about 220 employees were affected across these rounds.

Layoff history

January 16, 2026
Polygon cut 60 employees
60 laid off Location Cayman Islands

Polygon disclosed a workforce reduction affecting its Cayman Islands operations in January 16, 2026. Approximately 60 roles were eliminated.

Source: coindesk.com

February 1, 2024
Polygon cut 60 employees (19% of staff)
60 laid off 19% of workforce Location Cayman Islands

Polygon disclosed a workforce reduction affecting its Cayman Islands operations in February 1, 2024. Approximately 60 roles were eliminated.

Source: forum.polygon.technology

February 21, 2023
Polygon cut 100 employees (20% of staff)
100 laid off 20% of workforce Location Bengaluru

Polygon disclosed a workforce reduction affecting its Bengaluru operations in February 21, 2023. Approximately 100 roles were eliminated.

Source: inc42.com

Data for Polygon is compiled from public WARN Act filings and reporting linked above. See our methodology.