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MARKETS 60-second read

Polymarket confirms layoffs & contractor cuts in revamp

Published: 1 min read
An empty modern office floor with rows of unoccupied desks lit by late afternoon light.

Polymarket cited restructuring & new leadership for the cuts, which fell mainly on marketing, according to ForkLog.

The hit

Polymarket has confirmed layoffs. The company cut staff & contractors, mostly in marketing, citing restructuring & the arrival of new leadership, according to ForkLog.

Why it matters

The prediction market giant did not disclose how many jobs were affected. Marketing roles took the brunt of the cuts, with contractors also let go.

The record

Jobs cut Not disclosed
Reported 12 November 2026 (ForkLog)

What happens next

Watch for Polymarket to detail its restructuring plans, & for any further personnel moves in coming weeks.

Sources: Polymarket Reduces Staff and Contractors Amid Restructuring

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