Parity Technologies, the blockchain infrastructure company behind the Polkadot platform, will cut 30% of its workforce, or about 100 employees, as part of its plan to “shift” focus to its technology.
The decision will affect teams including so-called go-to-market efforts, as Parity shifts its focus to technology supporting Polkadot, a platform that allows different blockchains to communicate with each other, according to Björn Wagner, chief executive officer of Parity, through a spokesperson, in an email statement Monday.
