BlockSonar

OP Labs, the development company behind the Ethereum layer …

Mar 12, 2026 20:13

OP Labs, the development company behind the Ethereum layer 2 network Optimism, has let go of 20 employees as part of an organizational restructuring aimed at narrowing its strategic priorities and streamlining decision-making processes. This decision is not about the traditional business model but rather about expanding its focus on optimizing the Ethereum network for scalability and efficiency. The company aims to leverage the new role to further refine its platform and improve its core functionality.