Matter labs, the brains behind zksync, just announced they're laying off 16% of their workforce. that's 24 people! 😲 they say it's to keep things "streamlined" as they move to a more decentralized phase. but like, they're still hiring strategically, so it's not a money issue. 🤔

ceo nana murugesan mentioned that the company’s financials are strong and they’re gearing up for more technical needs with new chains launching on elastic chain this year. sounds like they're prepping for something big, right?

but here's what i'm wondering: does this mean zksync is about to level up in the crypto world, or should we be worried about the layoffs? 🤷‍♂️ anyone else think this could be a sign of bigger changes in the crypto space? or is it just business as usual? let me know your thoughts! 🚀