Lido co-founder: The contributor team size will be reduced, affecting about 15% of employees

ChainCatcher news, Lido co-founder Vasiliy Shapovalov stated on social media last weekend: "To ensure long-term sustainability, Lido Labs, the Lido ecosystem, and the Lido Alliance have made the difficult decision to reduce the size of the contributor team, affecting approximately 15% of employees. This decision is not related to job performance, but purely a matter of cost considerations. It is a tough decision, but it is based on considerations of long-term resilience. Although making such a decision during a market upturn may seem counterintuitive, this move reflects our firm commitment to sustainable growth, operational focus, and alignment with the interests of LDO token holders. Lido is laying the groundwork for development over the next few decades, and this adjustment will help solidify that foundation."