MEGA, the team behind Ethereum layer-2 network MegaETH, has laid off 20% of its staff as part of a restructuring to pivot toward a new direction. Co-founder Shuyao Kong confirmed the cuts, which follow MEGA's rebranding from the MegaETH Foundation earlier this week. The organization has committed $30 million to develop new products, with its first launch planned for December: an AI inference marketplace. The move signals a strategic shift away from its core layer-2 focus toward AI infrastructure.