OP Labs Announces Workforce Reduction to Streamline Operations

OP Labs CEO Jing Wang announced on March 12 that the company will lay off 20 employees to streamline operations, accelerate decision-making, and reduce coordination costs. According to BlockBeats, Wang emphasized that this decision reflects a narrowing of the company's focus rather than financial difficulties. Affected employees will receive three months of base salary and an N+1 compensation package, with health insurance coverage extended for six months.