Key facts
- MEGA cut 20% of its staff, co-founder Shuyao Kong said; she did not give the number of employees affected.
- Departures covered staff who worked on MegaETH's blockchain, wallet, ecosystem support and communications, Kong said.
- Kong said MEGA's founders, early employees and core engineering team remain with the organization.
- MEGA has committed $30 million to artificial intelligence products on the MegaETH network, Kong said.
- Kong said MEGA plans to launch a public inference market in December.
MEGA, the organization behind the Ethereum layer-2 network MegaETH, has reduced its workforce by 20% after months of restructuring as it expands into artificial intelligence products, co-founder Shuyao Kong said on November 13, 2026.
Kong said the reorganization resulted in the departures of staff who worked on the blockchain, wallet, ecosystem support and communications. She did not disclose the number of employees affected or when the layoffs occurred. She said MEGA's founders, early employees and core engineering team remain committed to the organization.
"We've brought together new capabilities and reorganized our teams, a process that has resulted in a 20% reduction in our staff," Kong said. "These are people who helped build MEGA from its earliest days."
The workforce reduction comes as MEGA shifts its focus toward developing products on the MegaETH network, including artificial intelligence services. The organization has committed $30 million to the initiative, although Kong did not directly link the layoffs to the new strategy.
In a whitepaper, MegaETH co-founders Yilong Li and Lei Yang outlined a proposed inference market aimed at giving users access to competing AI service providers. Their approach seeks to address concerns about whether providers use the advertised models and how they handle customer data. Kong said MEGA plans to launch a public inference market in December.