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Polygon Labs announces second round of layoffs for 2026
Polygon Labs says it will carry out a second round of layoffs in 2026 as the company continues to restructure amid ongoing corporate activity, according to The Block.
The report cites comments from Polygon Labs CEO Marc Boiron acknowledging the difficulty of managing multiple rounds of changes within a single year, and says the workforce changes are tied to the company’s effort to finalize its Coinme acquisition.
Polygon Labs frames the layoffs as part of the broader transition work surrounding the deal process, as it prepares for what it describes as a heavy period of organizational changes.
The Block reports the CEO characterized the combination of rounds as challenging for teams to absorb and manage.