According to ChainCatcher, Blockworks reported that Matter Labs, the company behind ZKsync, announced that it would lay off 16%, or 24 employees.

It is reported that this is the first layoff since the company was founded six years ago. It is also part of Matter Labs' entry into the "next stage" of decentralization. It needs to hone "the right roles that need to be in place" to ensure that the company has the right roles and people to effectively complete its mission.

Matter Labs CEO Alex Gluchowski clarified that the decision to lay off employees was not due to the company's financial situation, and the company still plans to make "strategic recruitment."