Lido Cuts 15% of Staff Due to Cost Pressures
According to a report by Jinse Finance, Lido co-founder Vasiliy Shapovalov announced in a statement that, due to cost considerations, Lido Labs, Lido Ecosystem, and Lido Alliance have made the difficult decision to lay off approximately 15% of their staff. This adjustment is not related to performance issues; those affected are all key members who have been deeply involved in the development of the protocol and the community. Shapovalov stated that although the market is currently in an upward phase, this decision reflects a commitment to long-term resilience and sustainable growth, aiming to focus on operational priorities, optimize resource allocation, and align with the interests of LDO token holders.
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