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Matter Labs Restructures to Meet Changing Demands, Lays Off 16% of Team

The developer of Ethereum layer-2 protocol ZKsync said builders using the protocol now need a "different type of technology and support."

Matter Labs CEO Alex Gluchowski (Margaux Nijkerk/CoinDesk)
Matter Labs CEO Alex Gluchowski (Margaux Nijkerk/CoinDesk)