OP Labs will lay off 20 employees to streamline operations and reduce coordination costs

2026-03-12 02:44:10

Mars Finance reports that on March 12, OP Labs CEO Jing Wang 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 liquidity crisis.” According to him, affected employees will receive three months of base salary plus N+1 compensation, and health insurance will be extended for six months.

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