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MEGA cuts 20% of workforce as former MegaETH Foundation restructures

MEGA cuts 20% of workforce as former MegaETH Foundation restructures
AI summary

MEGA, formerly the MegaETH Foundation, has cut 20% of its workforce just days after rebranding and committing $30 million to AI inference products. The layoffs signal internal strain at the organization shortly after a major strategic pivot. Traders watching the MegaETH ecosystem should note the restructuring risk, though no token price impact is directly specified.

Narrative history
2 linked stories · 2 outlets · since 10 Nov
  1. 1H AGO
    The Defiant · Score 45 · via MEGA, 20%
  2. 1H AGO
    You’re reading this
    MEGA cuts 20% of workforce as former MegaETH Foundation restructures
    The Block · Score 45
  3. 10 NOV · 15:56
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