![\"MegaETH](\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/11\/01M7CHQ8H5VMWGN9MBP9CQVNVC\/layoffs-fired-human-resource-hr-leaving-quit-people-ai-2.jpg\")
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MegaETH co-founder Shuyao Kong said the restructuring affected employees who helped build the project\u2019s blockchain, wallet and ecosystem.<\/p>\n
MEGA, the organization behind Ethereum layer-2 network MegaETH, has reduced its workforce by 20% following months of restructuring as it expands into artificial intelligence products. <\/p>\n
On Friday, MegaETH co-founder Shuyao Kong said<\/a> the organization had reorganized its teams, resulting in the departures of staff who worked on its blockchain, wallet, ecosystem support and communications. Kong did not disclose the number of employees affected or when the layoffs occurred. She said MEGA\u2019s founders, early employees and core engineering team remain committed to the organization.<\/p>\n \u201cWe\u2019ve brought together new capabilities and reorganized our teams, a process that has resulted in a 20% reduction in our staff,\u201d Kong said. \u201cThese are people who helped build MEGA from its earliest days.\u201d<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n