Polygon has reportedly conducted an internal layoff, reducing its workforce by approximately 30%, according to BeInCrypto. The company has not officially confirmed the layoffs, which are said to be part of a broader business restructuring. Polygon is shifting its focus towards stablecoin payments and has recently acquired Coinme and Sequence. Meanwhile, some employees and ecosystem members have disclosed their departures and team changes on social media. Polygon Labs has not yet responded to requests for comment.