18 Hrs
Source:
Fox News
Polymarket job cuts
Polymarket has laid off employees and ended contractor agreements in a restructuring the company says will prepare it for future growth. The cuts mainly affected marketing, customer experience and engineering, and more than half of those affected were contractors; the company called reports that 30% of its workforce was cut inaccurate but did not disclose the share affected. The changes come as Polymarket adds new executives and faces competition from Kalshi, which has surpassed it in monthly trading volume, according to Reuters.
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