StarkWare cuts jobs in reorganization as Starknet revenue plunges 99% from peak

StarkWare cuts jobs in reorganization as Starknet revenue plunges 99% from peak

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailStarkWare cuts jobs in reorganization as Starknet revenue plunges 99% from peakDays after unveiling a quantum-safe bitcoin method, a StarkWare researcher was tapped to lead a new applications unit as Layer-2 revenue dries up.By Sam Reynolds|Edited by Jamie Crawley Apr 13, 2026, 9:48 a.m. Make preferred on What to know: StarkWare is restructuring into two independent business units and cutting staff after revenue on its Starknet network fell more than 99% from a late-2023 peak.CEO Eli Ben-Sasson told employees the company will pivot from a pure Ethereum-scaling infrastructure focus to building in-house, revenue-generating products that competitors cannot easily replicate.A new Applications unit, led by researcher Avihu Levy, will pursue h

Source: https://www.coindesk.com/markets/2026/04/13/starkware-cuts-jobs-in-reorganization-as-starknet-revenue-plunges-99-from-peak