News with the tag "Parity Technologies"

Polkadot blockchain developer Parity Technologies is the latest blockchain firm to conduct layoffs. The DLT infrastructure company confirmed to Bloomberg that it would cut 30% of its employees – around 100 staff – in a move to refocus on its core blockchain services.... Read More: Crypto Layoffs Con...

Despite refuting earlier rumors of mass layoffs, a Parity employee shared with DLNews that the layoffs occurred prior to the company retreat.