{"id":3989,"date":"2026-06-17T22:47:57","date_gmt":"2026-06-17T22:47:57","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3989"},"modified":"2026-06-17T22:47:57","modified_gmt":"2026-06-17T22:47:57","slug":"zksync-creator-cuts-jobs-as-company-shifts-focus-to-permissioned-privacy-chain","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/06\/17\/zksync-creator-cuts-jobs-as-company-shifts-focus-to-permissioned-privacy-chain\/","title":{"rendered":"ZKsync Creator Cuts Jobs as Company Shifts Focus to Permissioned Privacy Chain"},"content":{"rendered":"\n
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Matter Labs has announced a round of layoffs as it redirects its efforts toward building a permissioned privacy focused blockchain known as Prividium. According to the company, the staffing changes are tied to evolving technical requirements rather than financial pressure or cost cutting.<\/p>\n\n\n\n

The restructuring will affect senior engineers, designers, and operations staff whose roles no longer align with the company\u2019s updated direction.<\/p>\n\n\n\n

Founder Explains Strategic Shift<\/strong><\/p>\n\n\n\n

Founder and CEO Alex Gluchowski confirmed the decision on social media, explaining that the move follows a broader strategic pivot made in 2024 toward developing blockchain solutions for regulated financial institutions.<\/p>\n\n\n\n

He stated that Prividium has become the company\u2019s primary focus, with Matter Labs now concentrating on tools designed to help businesses transition on chain while meeting regulatory requirements.<\/p>\n\n\n\n

Gluchowski noted that as development progressed, the team gained a clearer understanding of customer needs. This shift influenced both the design of Prividium and the type of expertise required to build it. As a result, some roles that were essential in earlier stages were no longer aligned with the company\u2019s current priorities, leading to the restructuring.<\/p>\n\n\n\n

According to the company\u2019s official description, Prividium is an Ethereum based platform built for financial institutions and fintech firms. It enables secure transactions while maintaining regulatory compliance and is powered by a privacy focused, permissioned Layer 2 network using zero knowledge technology.<\/p>\n\n\n\n

Gluchowski expressed appreciation for departing employees, thanking them for their contributions and emphasizing that the decision was not a reflection of their performance. He added that those affected include some of the strongest talent he has worked with and confirmed that support and financial assistance would be provided during their transition.<\/p>\n\n\n\n

Mixed Reaction From the Crypto Community<\/strong><\/p>\n\n\n\n

Community responses to the announcement have been divided. Some observers expressed optimism about the long term direction of the project, while others questioned how the company used its previously raised funding.<\/p>\n\n\n\n

Critics pointed to the roughly 450 million dollars raised by Matter Labs and asked how those funds were allocated, especially in light of continued layoffs and renewed fundraising discussions.<\/p>\n\n\n\n

This is not the first time Matter Labs has reduced its workforce. The company also carried out layoffs during an earlier strategic shift in 2024 toward privacy focused infrastructure, describing those cuts at the time as part of a broader realignment rather than cost reduction.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Matter Labs has announced a round of layoffs as it redirects its efforts toward building a permissioned privacy focused blockchain known as Prividium. According to the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3989","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3989"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3989\/revisions"}],"predecessor-version":[{"id":3991,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3989\/revisions\/3991"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}