Mining company Foundry to lay off 60%, affecting employees from U.S. and international offices

CoinVoice has learned that, according to CoinGape, the Bitcoin mining company Foundry has implemented layoffs, with the number of layoffs reaching as high as 60%. According to the latest sources from anonymous individuals, the layoffs at the company cover employees from both U.S. and international offices. The company had 250 employees, and now only 80 to 90 remain.

Foundry is a subsidiary of Digital Currency Group (DCG), and the company stated that the layoffs are aimed at helping to focus on DCG's next steps. [Original link]