Ethereum Layer-2 Optimism Reportedly Cuts Over 20% of Team

Optimism is conducting significant layoffs, with more than 20% of its team reportedly impacted, according to internal sources familiar with the situation. Multiple sources told BeInCrypto that the cuts began circulating internally on Tuesday, affecting staff across several teams involved in protocol development and ecosystem initiatives. The exact number of employees affected has not yet been publicly confirmed. Some employees have begun acknowledging the layoffs on social media source: https://beincrypto.com/optimism-layoffs-20-percent-team-op-token-down/