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Parity employee confirms mass layoffs after rumors initially denied

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Despite refuting earlier rumors of mass layoff s, a Parity employee shared with DLNews that the layoff s occurred prior to the company retreat.  One employee was quoted as saying the retreat gave “Hunger Game vibes.” Spending like a bull market An employee from the Polkadot development company, Parity Technologies, confirmed that the company was laying off the majority of its employees after it was revealed the company was spending money as though it had been in a bull market over the past 12 months. Parity employee s said that only the company's core engineering, developer relations, ecosystem operations and Asia teams were not laid off. — Wu Blockchain (@WuBlockchain) October 18, 2023 A follow-up post from Wu Blockchain shares that only the company’s core engineering, developer relations, ecosystem operations and Asia teams were not laid off. You might also like: Parity Technologies decentralizes teams in Polkadot, refutes layoff rumors DLNews g...