Crypto

MEGA cuts 20% of staff amid AI-focused restructuring

Guavy AI Editorial Team Published November 14, 2026

Instruments

ETH

MEGA, the company behind the Ethereum layer-2 network MegaETH, has cut 20% of its staff as part of a broader restructuring effort. The layoffs follow months of reorganization, primarily affecting employees in blockchain, wallet, ecosystem support, and communications roles. Co-founder Shuyao Kong…

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