Alex Gluchowski: Matter Labs undergoes layoffs, shifts business focus to institutional on-chain privacy infrastructure
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Matter Labs, developer of zkSync, announced company layoffs in a post by CEO Alex Gluchowski on the X platform. Alex Gluchowski stated that since 2024, the company has been building products for regulated financial institutions and is now fully focused on Prividium and institutional on-chain privacy infrastructure. Changes in business needs led to the decision to lay off staff; departing employees have received financial support and assistance during the transition.
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