With over $12.2 billion in Total Value Locked (TVL), EigenLayer is one of the leading Ethereum (ETH) restaking protocols. Despite this, the company behind it, Eigen Labs, has recently cut a significant portion of its staff to prioritize different areas.
Although accompanied by a nice severance package, this turn of events is not unfamiliar to the crypto space lately.
What Caused The Shift
In a post on X yesterday, Sreeram Kannan, the CEO of Eigen Labs, shared the unfortunate news.
Today is one of the hardest days we’ve had at Eigen Labs.
This morning, I shared plans for a restructuring of the company, streamlining our operations, and concentrating our efforts on building and scaling EigenCloud. Unfortunately, this means saying goodbye to brilliant…
— Sreeram Kannan (@sreeramkannan) July 8, 2025
This decision appears to be centered on a new company goal, rather than financial considerations, which is to “build the world’s first verifiable cloud platform,“ as further comm
We współpracy z: https://cryptopotato.com/restructuring-at-eigen-labs-triggers-workforce-reductions/
