# EigenLayer Team Slashes 25% of Staff *Author: Bankless* *Published: Jul 8, 2025* *Source: https://www.bankless.com/read/eigenlayer-team-slashes-25-of-staff* --- EigenLayer laid off 29 employees—25% of its team—to concentrate resources on EigenCloud, a newly launched decentralized computing and verification stack. ### What’s the Scoop? - **Strategic Layoffs:** The reduction affected 29 staffers across departments, with impacted employees receiving 3 months’ severance and accelerated token vesting. - **Focused Investment:** Backed by a $70M raise from a16z, the move signals a commitment to building EigenCloud as the core infrastructure for offchain verifiability. - **Modular Ambitions:** EigenCloud includes products like EigenVerify (dispute resolution), EigenDA (data availability), and EigenCompute (verifiable compute). - **Verifiability Play:** The pivot aligns EigenLayer with growing demand for onchain-anchored trust in sectors like AI, finance, and enterprise cloud. --- *This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=read/eigenlayer-team-slashes-25-of-staff)*