
MegaETH parent cuts 20% of staff amid restructuring, AI push
Summary
The parent company of MegaETH has reduced its workforce by 20 percent as part of an organizational restructuring. According to a co-founder, the layoffs impacted staff members who worked on the development of the blockchain, wallet, and ecosystem.
MegaETH co-founder Shuyao Kong said the restructuring affected employees who helped build the project’s blockchain, wallet and ecosystem.
Source: Read the full story at Cointelegraph.com News
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