According to Blockworks, Eigen Labs announced a 25% layoff of 29 employees across multiple positions, aimed at restructuring resources and focusing on its newly launched developer platform EigenCloud. The platform focuses on on on chain and off chain verification, and received $70 million in financing led by a16z last month, with a total financing of $220 million. Eigen Labs stated that the layoffs are not due to financial pressure, and affected employees will receive accelerated token ownership, three months of salary compensation, and career transfer support. There are currently no further plans for layoffs. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45239