According to Blockspace, Foundry announced today a 27% layoff, reducing its workforce from 274 to 200 employees, affecting multiple business lines. The company stated that this move is to consolidate its core business, focus on operating the world's largest Bitcoin mining pool, and expand its website operations. The layoffs and business adjustments affected approximately 40%-60% of employees, while some employees have been transferred to the newly established subsidiary Yuma. Foundry also plans to lower the priority of hardware products but will continue to maintain its ASIC repair business. This restructuring is part of DCG's adjustment of its cryptocurrency landscape business.