Rumors had emerged that the company laid off around 300 employees at its off-site event in Mallorca, something Parity denies.
Blockchain infrastructure provider Parity Technologies told The Block it is seeking to transition some of its existing go-to-market functions to multiple teams within Polkadot’s decentralized ecosystem, impacting staffing at the firm.
Parity’s changes were communicated across the company last week, with future plans being hashed out at the firm’s Mallorca retreat that's currently taking place.Parity said on X it was shifting its focus toward delivering Polkadot’s next-generation technology, aiming to “improve the developer experience” and foster a “strong developer community.
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