Lido cuts 15% of staff due to cost pressures_Amazon Finance

Lido cuts 15% of staff due to cost pressures

2025-08-04 12:18:47 Primitive Reading

　 Vasiliy Shapovalov, co-founder of Lido, announced that, due to cost considerations, Lido Labs, Lido Ecosystem, and Lido Alliance have made the difficult decision to cut about 15% of their staff. This adjustment is not due to performance issues, and those affected are important members who have been deeply involved in protocol and community development. 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.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. Amazon Finance assumes no responsibility for any errors contained herein.

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