Megaeth Co-founder Shuyao Kong: Organizational restructuring results in a 20% reduction in staff
2026-11-13 23:06:41
According to CoinMeta, Wu said that she learned that Shuyao Kong, co-founder of the Ethereum L2 project Megaeth, posted on November 13 stating that Megaeth had undergone organizational restructuring and strategic adjustments in the past few months, resulting in a reduction of about 20% in the number of employees, affecting team members who were initially involved in blockchain, wallet development, and ecosystem construction. She stated that the founders, early employees, and core engineering team will continue to advance work related to Megaeth.
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