[OP Labs to Lay Off 20 Employees to Streamline Operations and Reduce Coordination Costs] Foresight News reports that OP Labs CEO Jing Wang tweeted 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, not a break in our funding chain.' Affected employees will receive three months of base salary and N+1 compensation, with health insurance extended for six months.