According to Foresight News, citing informed sources from Cointelegraph, Bitcoin miner Foundry has laid off 27% of its workforce during the planned restructuring, including 16% of Foundry's U.S. employees and some employees from the India team.
DCG, the parent company of Foundry, announced in November that it plans to spin off Foundry's self-mining business into an independent entity, but still under the control of DCG.
