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OP Labs to Cut 20 Jobs to Streamline Operations

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On-chain news outlet Blockbeats reported on March 12, 2026, that OP Labs CEO Jing Wang announced a reduction of 20 employees to streamline operations and lower coordination costs. The move is part of a strategic refocusing, not due to financial pressure. Laid-off staff will receive three months of base salary and N+1 compensation, with health benefits extended for six months. Crypto news platforms are closely monitoring how this impacts the broader Layer 2 landscape.

BlockBeats news, on March 12, Jing Wang, CEO of OP Labs, tweeted that OP Labs will lay off 20 employees to streamline operations, accelerate decision-making, and reduce coordination costs. "This decision reflects a narrowing of our focus, not a funding shortfall."


According to the statement, affected employees will receive three months' base salary and N+1 severance compensation, and their health insurance will be extended for six months.

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