Optimism’s OP Labs cuts 20% of staff to ‘do fewer things well’
The Block
OP Labs, the firm behind Optimism, laid off 20% of its staff to streamline operations and focus on key priorities.Summary
OP Labs, the blockchain infrastructure firm behind the Optimism Layer 2 scaling solution, announced a 20% reduction in its workforce. CEO Jing Wang stated the decision was not financially driven, but rather a strategic move to “do fewer things well,” accelerate decision-making, and reduce coordination overhead. The layoffs come during a transitional period for Optimism, following Base’s announcement that it would shift to its own tech stack, which impacted the OP token price. Despite this setback, Optimism remains committed to its 2026 roadmap, including faster block times and improved interoperability, and recently approved a proposal for token buybacks to align the OP token with the Superchain.
(Source：The Block)