UnchainedCrypto

Polymarket Says Viral Contractor-Cut Email Is Real, Won’t Say How Many Jobs Went

By Unchained

Photo for: Polymarket Says Viral Contractor-Cut Email Is Real, Won’t Say How Many Jobs Went

AI summary of the source article

Polymarket confirmed the authenticity of a leaked email terminating contractors alongside some full-time staff. The company rejected online claims that the workforce was cut by 30% but declined to provide specific headcount numbers.

Why it matters

Polymarket stated it reorganized to "set the company up for its next phase of growth, which has meant a lot of new hires, changes in personnel and letting some people go."

Key facts

  • Polymarket confirmed a workforce reduction that primarily impacted contractors in marketing, customer experience, and engineering.
  • The platform rejected online claims that 30% of its workforce was cut but declined to state how many jobs were eliminated.
  • The reorganization follows senior leadership hires, including a new chief financial officer and chief growth officer.

Source excerpt · Unchained

The prediction market reportedly says the cuts came out of a reorganization under new executives but has not said how many people lost their jobs. The post Polymarket Says Viral Contractor-Cut Email Is Real, Won’t Say How Many Jobs Went appeared first on Unchained .