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Parity Technologies decentralizes teams in Polkadot, refutes layoff rumors

Parity Technologies announces a strategic shift towards decentralization within the Polkadot ecosystem, dispelling rumors of laying off 300 employees.  Parity Technologies, a major blockchain infrastructure provider, has announced a strategic shift towards decentralization within the Polkadot ecosystem. This move is expected to result in organizational changes over the upcoming months. 1/ Reflecting on our journey with @Polkadot, Parity's role has been an exploration in contrasts. We are passionate advocates for decentralization, yet as we've expanded our mandate, we've had to navigate the risk of becoming a bottleneck for Polkadot’s growth. — Parity Technologies (@paritytech) October 10, 2023 Contrary to circulating rumors , Parity Technologies has refuted claims of laying off approximately 300 employees during a recent off-site gathering in Mallorca. The company emphasizes that any alterations to its workforce will be gradual and are directly linked to it...