Lido decides to reduce the contributor team by about 15% of employees will be affected

According to HashiChain news, Lido's co-founder Vasiliy Shapovalov recently stated that in order to ensure the long-term sustainable development of the company, Lido Labs, the Lido ecosystem, and the Lido Alliance will reduce the size of the contributor team, which will affect about 15% of employees. This decision is not related to individual work performance but is solely based on cost considerations. This is a difficult decision, but it is necessary from the perspective of long-term resilience. Lido is planning to navigate market uncertainties, emphasizing the company's strong commitment to sustainable growth, operational focus, and maintaining the interests of LDO token holders. Lido is laying the groundwork for development in the coming decades, and this adjustment will establish a solid foundation.