Lido co-founder Vasiliy Shapovalov announced in a post that Lido Labs, Lido Ecosystem and Lido Alliance have made the difficult decision to lay off about 15% of their employees due to cost factors. The adjustment is not due to performance issues, and the affected people are all important members who have been deeply involved in the agreement and community building.
Shapovalov said that while the market is currently on the upside, this decision reflects a commitment to long-term resilience and sustainable growth, with the aim of focusing operational priorities, optimizing resource allocation, and aligning with the interests of LDO holders.
Lido cuts 15% of its workforce due to cost pressures.
2025-08-04 03:30:40
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