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OP Labs to Cut 20 Employees to Streamline Operations and Reduce Coordination Costs

OP Labs to Cut 20 Employees to Streamline Operations and Reduce Coordination Costs

2026-03-12 10:15

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ChainThink message, March 12: Jing Wang, CEO of OP Labs, announced on X that OP Labs will lay off 20 employees to streamline operations, accelerate decision-making, and reduce coordination costs. "This decision reflects a narrowing of our focus rather than a disruption in funding."


According to the statement, affected employees will receive three months of base salary plus N+1 severance compensation, with health insurance coverage extended for six months.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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