đ **Crypto News Flash: Matter Labs Restructures Amid ZKsync Demand Surge!** đ
- **Workforce Reduction**: Matter Labs, the developer behind Ethereum's layer-2 solution ZKsync, is cutting its workforce by 16% due to a major organizational restructuring.
- **CEO's Statement**: Alex Gluchowski, CEO, explained on X that the restructuring aims to align with evolving tech demands and the company's changing role in the decentralized ecosystem.
- **Financial Health**: Despite layoffs, Matter Labs remains financially strong, focusing on strategic hiring and advancing crypto adoption.
- **Employee Support**: Affected employees will receive exit packages, healthcare benefits, and career support.
đŹ **What are your thoughts on this restructuring? Comment below!** đŹ