As prices slumped and markets crashed during 2022, many companies in the blockchain sphere were forced to lay off staff.
This was not limited to the now infamous firms that were at the heart of the crash – even major, otherwise, well-managed firms like Coinbase, Gemini, or OpenSea were forced to cut operational costs, both by letting staff go or otherwise.
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HOME » CRYPTO NEWS » POLYGON AIMS TO HIRE 200 NEW EMPLOYEES BY 2023
Polygon Aims to Hire 200 New Employees By 2023
Author: Jordan Lyanchev
Last Updated Sep 9, 2022 @ 15:40
One of the few companies to play it safe, Polygon is now looking for opportunities to get ahead of the competition.
As prices slumped and markets crashed during 2022, many companies in the blockchain sphere were forced to lay off staff.
This was not limited to the now infamous firms that were at the heart of the crash – even major, otherwise, well-managed firms like Coinbase, Gemini, or OpenSea were forced to cut operational costs, both by letting staff go or otherwise.
Good Management Leads to Good Finances
However, not all companies had to take such measures – Binance, among others, has been hiring for the past few months. Now another large player is enacting a major hiring push in anticipation of an expansion in 2023.
In a recent interview carried out by Bloomberg, Polygon spokesperson Bhumika Srivastava – a Dubai-based company founded in India that aims to improve the Ethereum blockchain by making transactions more efficient – announced that Polygon seeks to hire approximately 200 more people this year.
This would be an increase in personnel of nearly 40%, which, in tandem with a private sale of tokens worth $450 million earlier this year, indicates that the company’s finances must be in tip-top shape.