According to BlockBeats, on November 14, MEGA (the organization behind Ethereum Layer 2 MegaETH) laid off approximately 20% of its workforce as part of a strategic restructuring. Co-founder Shuyao Kong confirmed the cuts affected early-stage employees across blockchain, wallet, ecosystem support, and marketing teams, though specific headcount and timeline were not disclosed.

The layoffs coincide with MEGA's pivot toward artificial intelligence services on the MegaETH network. The organization has committed $30 million to develop an AI inference marketplace, planned for public launch in December. The platform will enable users to access multiple AI models while addressing data transparency and model authenticity concerns.

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