Business In News
- Ethereum scaling solution Polygon is bolstering its efforts to hire fresh new talent amid the prolonged crypto winter.
- Per a Bloomberg report, Polygon intends to hire 200 new people by the end of 2022.
Per a Bloomberg report, Ethereum Layer 2 scaling solution Polygon is all set to bolster its efforts in hiring more people to establish market dominance in the crypto sector.
Polygon All Set To Hire More Staff In Coming Months.
Polygon, a layer two scaling solution of Ethereum is planning to increase its headcount by almost 40%. Per a Bloomberg report, the company is planning to hire more staff to broaden its existing service portfolio.
According to the report, Polygon will be laying credible emphasis on hiring skilled crypto staff. The firm is all set to capitalize on the opportunity of recruiting qualified talents who several cryptocurrency exchanges have recently laid off.
In an interview with Bloomberg, Polygon’s human resource head Bhumika Srivastava shared that Polygon is currently looking forward to hiring roughly 200 staff by the end of this year.
“Overall tech talent is difficult to hire even if it is a Web2 organization. It is difficult to hire the quality talent you want, especially as Web3 skills is something that’s still getting built.” Srivastava later shared
The Polygon recruitment process will reportedly offer new hires an opportunity to contribute to the firm’s core administration by working in high managerial and engineering roles.
The prolonged crypto winter of 2022 forced several crypto companies to initiate mass layoffs to survive the crypto bear market phase. Polygon seems to have been leveraging this rare opportunity where the firm is on an active lookout to hire skilled talent to broaden its service base.
Launched in 2017 in India, Polygon is dubbed as the leading protocol and framework for building Ethereum-compatible blockchain networks. The company is currently headquartered in Dubai UAE and had recently raised $450 million via private token sales in February 2022.