Parity Technologies lays off over 300 employees amidst a strategic shift towards community-driven operations. The move comes as Polkadot faces ecosystem challenges, including a large upcoming supply event and a seeming lack of demand in parachain auctions. Community members have expressed mixed reactions, and concerns are rising on Polkadot's ability to maintain its market valuation in the medium term. (Read More)
from Blockchain News https://ift.tt/eCyk120
Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week
![Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week]()
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October 12, 2023
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