📢 **Blockchain and crypto news!**

🔹 Matter Labs, the developer of the second-layer Ethereum solution ZKsync, has announced a 16% workforce reduction due to a major organizational restructuring.

🔹 CEO Alex Glukhovsky explained that this is necessary to adapt to new technological requirements and the company's changing role in the decentralized ecosystem.

🔹 Despite the layoffs, the company remains financially stable and continues to focus on strategic hiring and promoting crypto adoption.

🔹 Laid-off employees will receive generous severance packages, including three months of base salary, health benefits, and job placement support.

🔹 Matter Labs also abandoned its attempts to register the "ZK" trademark after community criticism, emphasizing the importance of free access to innovation.

💬 What do you think about these changes at the company? Share your opinions in the comments!