{"id":25790,"date":"2025-08-04T11:26:51","date_gmt":"2025-08-04T08:26:51","guid":{"rendered":"https:\/\/forklog.com\/en\/lido-reduces-workforce-by-15\/"},"modified":"2025-08-04T11:26:51","modified_gmt":"2025-08-04T08:26:51","slug":"lido-reduces-workforce-by-15","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/lido-reduces-workforce-by-15\/","title":{"rendered":"Lido Reduces Workforce by 15%"},"content":{"rendered":"<p>The team behind the liquid staking platform Lido has reduced its staff by approximately 15%, according to co-founder Vasiliy Shapovalov.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">As part of efforts to ensure long-term sustainability, Lido Labs, Lido Ecosystem, and Lido Alliance have made the hard decision to reduce the size of their contributor teams, impacting around 15% of the workforce.<\/p>\n<p>This decision was about costs \u2014 not performance. It affects\u2026<\/p>\n<p>\u2014 Vasiliy Shapovalov (@_vshapovalov) <a href=\"https:\/\/twitter.com\/_vshapovalov\/status\/1951191725826818236?ref_src=twsrc%5Etfw\">August 1, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to him, the decision is related to cost optimization rather than employee performance. Shapovalov described the move as &#8220;difficult but necessary&#8221; for Lido&#8217;s long-term sustainability.<\/p>\n<p>He noted that the layoffs are occurring amid market growth but are part of a strategy aimed at development &#8220;for decades to come.&#8221; The team will focus on operational efficiency and growth in line with the interests of LDO token holders.<\/p>\n<p>The Lido co-founder emphasized that the layoffs affected &#8220;incredibly talented people.&#8221; He invited companies seeking employees to contact a team representative for recommendations.<\/p>\n<p>According to <a href=\"https:\/\/defillama.com\/\">DeFi Llama<\/a>, Lido ranks first in the liquid staking niche. The total value locked in the protocol amounts to $31.4 billion.<\/p>\n<p>In July, ConsenSys <a href=\"https:\/\/forklog.com\/en\/news\/metamask-developer-consensys-to-lay-off-47-employees-amid-crypto-market-growth\">announced<\/a> the layoff of 47 people amid the growing crypto market.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The team behind the liquid staking platform Lido has reduced its staff by approximately 15%, according to co-founder Vasiliy Shapovalov. As part of efforts to ensure long-term sustainability, Lido Labs, Lido Ecosystem, and Lido Alliance have made the hard decision to reduce the size of their contributor teams, impacting around 15% of the workforce. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1276,1387],"class_list":["post-25790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-layoffs","tag-lido"],"aioseo_notices":[],"amp_enabled":true,"views":"54","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=25790"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/25789"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=25790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=25790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=25790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}