According to Blockspace, the world's largest Bitcoin mining pool Foundry announced today that it will lay off approximately 60% of its workforce, reducing the number of employees from 250 to 80-90. This move is part of the company's strategic adjustment aimed at focusing on core business, particularly operating the world's largest Bitcoin mining pool and developing its website operations. The layoffs affected multiple teams, especially the ASIC repair and hardware teams, but the company's pool operations, firmware team, and self-mining department still retain some staff. Foundry has also reassigned some employees to the new DCG subsidiary Yuma. This move is part of DCG's efforts to repair its crypto empire, which has faced financial difficulties due to factors like the FTX bankruptcy.