PANews
PANews|Mar 12, 2026 02:27
[OP Labs to Lay Off 20 Employees to Streamline Operations and Improve Efficiency] OP Labs CEO Jing Wang stated on the X platform that OP Labs will lay off 20 employees to streamline operations, accelerate decision-making, and reduce coordination costs. This decision reflects a narrowing of the project's focus rather than a break in the funding chain. Affected employees will receive three months of basic salary and N+1 compensation, with health insurance extended for six months.
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