U.S. · LABOR · NOV 11, 11:08 PM ET
Polymarket confirms layoffs as prediction market giant undergoes major restructuring
Reported by 2 outlets in the past day, including Fox Business, Business Today.
1What happened
Polymarket confirmed layoffs and contractor cuts to FOX Business as new leadership restructures the prediction market platform amid Kalshi competition. Fox Business ↗
2Compared to what
Unemployment rate: 4.1%. Lower than in 82% of months since 1948.
Bureau of Labor Statistics · More in perspective
3Why it reaches you
New jobless claims: 189,000 (-4.1% vs. the previous four weeks)