Eclipse Labs announced that it has laid off 65% of its workforce and replaced its CEO.
2025-08-26 03:56:16
Eclipse Labs said in a post that the team announced a strategic shift after TGE, shifting its focus to developing breakthrough applications based on its L2 infrastructure. At the same time, Sydney will take over as CEO, and former CEO Litquidity will leave voluntarily. In addition, to align with the new strategy, Eclipse has cut its workforce by 65% to enhance execution flexibility. Eclipse ES tokens have fallen by more than 60% since TGE in mid-July.
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