Polkadot’s key supporter, Parity Technologies, Initiates significant restructuring and workforce reduction

In an announcement that has sent ripples through the blockchain community, Parity Technologies, a foundational pillar of the Polkadot ecosystem, has revealed a restructuring plan that involves laying off 30% of its workforce. This move is seen as a strategic effort to sharpen the focus on the core technologies that underpin the Polkadot platform. Strengthening…